1) Insurers, not government provide superior regulation because insurers are pai

1) Insurers, not government provide superior regulation because insurers are paid directly to understand what it is that they insure. Government acts as an insurer of last resort – governing the insurers, not the innovators. It’s the middleman-insurer that specializes in the technology, whereas the government merely specializes in fraud and crime prevention by regulating the insurer.

2) The market is far better than our imaginations at both discoveries, finding opportunities to make use of them, finding means of immorally benefitting from them, and finding means of regulating them. As long as the market, the innovator, the insurer, and the government all do their jobs, we do not need to envision so much as react.