Short summary 
“written to keep the incumbents in charge, blocking innovation”
Long summary 
As Peter puts it, most rules were written in a different era, like when slavery was legal or women couldn’t vote. In terms of innovation, many rules are “written to keep the incumbents in charge, blocking innovation”
Citation
Diamandis, Peter. H. “How to Change Your Mindset: Peter’s Laws Peter H. Diamandis.” Awaken. May 18, 2013.
Link
https://awaken.com/2013/05/how-to-change-your-mindset-peters-laws/
Source
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