With so many regulatory questions surfacing as new business models are launched using exponential technologies, some business owners are taking a proactive role. For instance, technology companies are working with the EU to reshape privacy rules that impact their data mining business models. The drone industry has been successful in moving EU rules to a risk-based system – that is, allowing for waivers on a case-by-case basis versus waiting for a new set of regulations to be written for each scenario.
Fourth Revolution Regulations
Gary Coleman discusses some of the challenges associated with the Fourth Revolution around regulations: