How the Law Can Keep Up With Fast-Moving Advances in Technology
Big Tech and social networks of every stripe continue to wield growing influence over the information that we consume, how we interact online, and the practices of data collection and sharing at every turn. Naturally, one has to wonder: What changes are needed to global and national legal or regulatory systems to adapt to a world where the pace of industrial progress now moves at the speed of silicon?
March 28, 2023 at 12:12 PM
10 minute read
Technology Media and Telecom
Big Tech firms and social networks of every stripe continue to wield growing influence over the information that we consume, how we interact online, and the practices of data collection and sharing at every turn. At the same time, when stacked up against the speed at which technology now advances, the laws and regulations which govern safety, privacy, and online business often move at a snail's pace by comparison. Naturally, one has to wonder: What changes are needed to global and national legal or regulatory systems to adapt to a world where the pace of industrial progress now moves at the speed of silicon?
In a world of rising digital transformation and artificial intelligence, looking ahead, it's clear that the pace of technology innovation will be measured not in months or years, but rather hours and days. As if that weren't enough, as noted in our recent board game The Future is Yours (which can teach anyone to think like a futurist), the next 10 years will also bring more technological change than the prior 10,000. Just one problem: As leading business thinkers have noted, these high-tech shifts will only be more increasingly unpredictable and exponential going forward. Ironically, as digital technologies (and technology companies) also advance, these shifts (and the tectonic shifts in industry dynamics that they'll bring) will only present more challenges for both tomorrow's leaders and current legal and regulatory frameworks. Noting this, one has to wonder: How can high-tech regulators and IT security pros keep up with the high-tech world's increasingly breakneck speed of evolution?
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