> Building physical buildings is a much simpler, much less complex process with many fewer degrees of freedom than building software.
I don't...think this is true? Google has no problems shipping complex software projects, their London HQ is years behind schedule and vastly over budget.
Construction is really complex. These can be mega-projects with tens of thousands of people involved, where the consequences of failure are injury or even death. When software failure does have those consequences - things like aviation control software, or medical device firmware - engineers are held to a considerably higher standard.
> The private market is perfectly capable of performing this function
But it's totally not! There are so many examples in the construction space of private markets being wholly unable to perform quality control because there are financial incentives not to.
The reason building codes exist and are enforced by municipalities is because the private market is incapable of doing so.
I don't...think this is true? Google has no problems shipping complex software projects, their London HQ is years behind schedule and vastly over budget.
Construction is really complex. These can be mega-projects with tens of thousands of people involved, where the consequences of failure are injury or even death. When software failure does have those consequences - things like aviation control software, or medical device firmware - engineers are held to a considerably higher standard.
> The private market is perfectly capable of performing this function
But it's totally not! There are so many examples in the construction space of private markets being wholly unable to perform quality control because there are financial incentives not to.
The reason building codes exist and are enforced by municipalities is because the private market is incapable of doing so.