4. Permissionless innovation
.... government policymakers and bureaucratic regulators don’t always share that approach.
Their first instinct is usually to view any new technology – drones, driverless cars, de-extinction – as something potentially posing a real risk to society.
Technology, they say, needs to be regulated and controlled in order to prevent things from spiraling out of control.
.... government policymakers and bureaucratic regulators don’t always share that approach.
Their first instinct is usually to view any new technology – drones, driverless cars, de-extinction – as something potentially posing a real risk to society.
Technology, they say, needs to be regulated and controlled in order to prevent things from spiraling out of control.
So along came a new term – “permissionless innovation” – to describe the policy approach favored by the digital elite.
The word means exactly what it sounds like it should mean:
Innovators shouldn’t have to ask permission before they bring a new technology into the world.
Instead, the burden of proof should be on regulators – they should be forced to show that there is a real and immediate threat to society posed by the technology.
In the absence of such proof, the innovation should be allowed to flourish.
The word means exactly what it sounds like it should mean:
Innovators shouldn’t have to ask permission before they bring a new technology into the world.
Instead, the burden of proof should be on regulators – they should be forced to show that there is a real and immediate threat to society posed by the technology.
In the absence of such proof, the innovation should be allowed to flourish.
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