Regulating and Legislating Tech and Tech Companies
More and more of the news around tech these days is about the relationship between technology companies and government. That was not the case a decade ago when regulators and elected officials took a largely hands off approach to technology, particularly the Internet, web, and mobile.
While I am not a fan of many of the moves that regulators and elected officials have made over the last few years, including the NYC City Council’s recent bills to clamp down on home-sharing and ride-sharing in NYC, I do believe that the tech sector and tech companies must engage with the public sector and they must do it earlier in their development.
It is hard to be an advocate for the tech sector and tech companies with the public sector, a role I play fairly regularly, when the companies in question have not been the best actors themselves.
The good news is that the tech sector no longer naively believes that it can opt out of the public discourse and political engagement.
The bad news is it is playing catch-up and is on it’s heels. That is going to take time and money to fix.
Emerging sectors like crypto and machine learning should pay heed to what has happened here and not make the same mistakes as their predecessors.