Elon Musk: Without War to Clear Them, Bad Regulations Are Slowly Choking Innovation

Elon Musk: In the past, war has wiped away bad rules and regulations. But we prefer avoiding war.

“Something that we should be worried about is that the rules and regulations get more and more every year.

In the past, war has wiped away bad rules and regulations. But we prefer not to have war as the means of getting rid of rules and regulations.

In the absence of that, what happens is there are more laws and more regulations every single year, and eventually we won't be able to do anything.

So, we do need to be cautious about overregulating and having too many rules and regulations, basically stopping innovation and ultimately, limiting the advancement of civilization.”

Jay Leno's Garage, September 21, 2022