Computers the control the power grid have been hacked

[tw]

Originally Posted by Undertoad

Government intervened to create the public corporation, so I see it as a wash when government intervenes in the operation of such.

Government intervention and regulations are directly traceable to how that corporation or industry was run. Some industries must be heavily regulated due to their history. Others that have a long history of innovation - that are more interested in the product than profits - require minimal if any regulation. Learn from history. Finance industry and auto industries deserve heavy regulation according to their history. Auto no where near as stringent as finance. Finance industry historically being one of the most corrupt requires the heaviest of hands. Semiconductor an example of a resposibile industry that requires so little government oversight.