Construction companies seem to do fine even though building codes exist.
It's not uncommon for a mature industry to face a reckoning around damaging practices that were common when they were nascent industries.
Would you like to live below a dam that was built under a loose and permissive regulatory regime? How about storing sensitive personal data in a datacenter whose owner specifically disclaims liability for it's exposure?
>Construction companies seem to do fine even though building codes exist.
They're not the one's paying for it. The people wanting the building built are. And there's a lot of corruption in that. On top of that, there's a pretty clear housing crisis in big cities.
It's not uncommon for a mature industry to face a reckoning around damaging practices that were common when they were nascent industries.
Would you like to live below a dam that was built under a loose and permissive regulatory regime? How about storing sensitive personal data in a datacenter whose owner specifically disclaims liability for it's exposure?