alt Hacker NewsWhen the cost of people is more than the cost of equipment, upkeep and maintenance that is arguably exactly when overregulation becomes burdensome
When the cost of people is more than the cost of equipment, upkeep and maintenance that is arguably exactly when overregulation becomes burdensome
"upkeep and maintenance" is largely composed of people costs – the people doing the upkeep and maintenance.
indeed, that's the case for many businesses, even with little-to-no regulation, so it's hard to agree with your opinion there.
e.g. most of the cost of hiring a plumber is a "cost of people" – buying torch fuel and fittings is a much smaller fraction of it.