Tuesday, October 28, 2014

“permissionless innovation”----Four innovation buzzwords you need to know

Four innovation buzzwords you need to know - The Washington Post
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.
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. 

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