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" ... created by unregulated technology companies."

As best I can tell there is not a single company in the US that is not regulated in some way. Whether the regulations are good, bad, sensible, inane, is a different matter, but regulation is as American as apple pie.

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If may be a bias, but when I think of what characterizes the word American, I think of something more like Unix than Multics.

(Even though America itself certainly contains plenty of both models.)

I think the meaning of unregulated here is related to the context. The vendors of the off-the-shelf hardware are not regulated with regard to the security of certain critical systems which rely on them.

They may be under numerous safety, employment and financial regulations that apply to the company.

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