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Season 3, Episode 3

What the OceanGate Disaster Can Teach Us About Regulation in Tech

Featuring the Literal Humans team

This week, Will and Rebecca discuss the Oceangate Titan submersible disaster that killed five people — including the company’s founder, Stockton Rush — and what we can learn from it about the need for regulation in tech.

Despite numerous warnings from industry experts and a lack of regulation, Rush pushed ahead with the fatal expedition, reflecting a prevailing attitude among super-rich entrepreneurs that they know better than anyone else.

Will and Rebecca discuss the barriers to regulation, whistleblowers, and what really lies behind moves towards tougher regulation in the EU and UK. Are dark forces at play? And whose interests are really being served?

There are obvious parallels between the Titan disaster and the tech industry — the conversation around the regulation of social media has been going on for a couple of decades, and more recently, AI has come under the regulation spotlight.

How can we strike a balance between regulation and innovation in tech and ensure regulations guarantee ethical and privacy standards? Is regulation always good, or does it stifle innovation and serve hidden agendas? Tune in for Will and Rebecca’s takes on these issues and more.