Regulations
Name: Isis Jordan
Date: April 28, 2019
Details
As a society we are used to having technology so easily accessible to us. We have become dependent on technology in our daily lives. But as the rise in technology becomes more integrated into our lives, the federal regulatory agencies are tasked with trying to keep up with the changing technological advances (DeSimone).
Technology should not be unregulated. In fact, companies ar4e subject to multiple laws that varybased on the industry and the local authority (Downes). This includes them reporting any of their finances, paying taxes, complying with full range of employment, safety and health, advertising, consumer protection, and that is just naming a few (Downes).
Technology should be changing how the regulatory model is, and ways it can benefit the consumer rather than the federal government. If the federal government is allowed to dictate the regulatory authority over the local governments and the state, then the people are who suffer (Downes). There is a way to make technology available to everyone, and that is allowing the producers to enter the upcoming market and by removing any regulatory boundaries that currently exist in the social, economic, and administrative areas (DeSimone).
We use technology as our main form of communication. We use it for talking, texting, and social media purposes. Alone approximately 2.6 billion people use mobile devices, and it is soon to increase to 6 billion (Staff). Technology is also a way people are able to do their work. The forms can be endless when it comes to technology. We have immersed ourselves into it almost completely due to how much we rely on it. The new configuration of humans and technology shows that their implications are enormous. The new information technology will install new norms for any human behavior and have a political impact on how we are able to interact in a public space and help shape the quality of interpersonal interactions (Verbeek).
References
DeSimone, Nicholas. “Federal Regulations Stifle Technological Advancement | Nicholas DeSimone.” FEE, Foundation for Economic Education, 23 July 2018, fee.org/articles/federal-regulations-stifle-technological-advancement/.
Downes, Larry. “How More Regulation for U.S. Tech Could Backfire.” Harvard Business Review, 21 Feb. 2018, hbr.org/2018/02/how-more-regulation-for-u-s-tech-could-backfire.
Staff. “Regtech Principles.” Regtech Principles, info.onfido.com/regtech-principles?utm_term=%2Bregulation%2B%2Btechnology&utm_campaign=0518-SCH_US_%7BGeneric_Branding%7D_%5BRegTech%5D_BMM&utm_source=Search&utm_medium=Ad&hsa_tgt=kwd-29761914458&hsa_grp=40655117493&hsa_src=g&hsa_net=adwords&hsa_mt=b&hsa_ver=3&hsa_ad=187239392521&hsa_acc=7069526351&hsa_kw=%2Bregulation%2B%2Btechnology&hsa_cam=783420150&gclid=EAIaIQobChMImeGip6j04QIVmonICh1SrQZhEAMYASAAEgImLvD_BwE.
Verbeek, Peter-Paul. “Verbeek – Designing the Public Sphere.pdf.” Google Drive, Google, drive.google.com/file/d/1WAHx3muA_-0RXcoD8Gs9CzciWlc0cpFy/view.