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> the feedback they get is either negative if there's a bad product released, or neutral if there is no terrible product released

Yeah, in some ideal world things would work like that.

On the real world, there is also an strong incentive not to block the profitability of any powerful person, and your paragraph applies only to powerless ones.

A couple of decades ago, there was a strong movement on the governments to measure and publicize the societal costs of the regulators procedures. Leaded by the US and Germany. But then we got the stupidification of politics, that stopped it completely.



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