Why do new technologies require regulation? (try to provide 3 reasons, base them in literature as much as possible. This point should apply to all new emerging technologies)
What do you think is a new technology that presents a significant regulatory challenge, and what do
The massive technological advancement is bringing forth changes in modern day regulatory environment, creating significant risk for regulators who aspire to uphold a significant balance between protection of consumers, addressing the unintended consequences of disruption and nurturing novelty. Emerging communication technologies such as big data analytics and artificial intelligence create new avenues and platforms for consumers to interact and replacing the original models of doing business- the era where autonomous vehicles communicate with each other and the infrastructure while smart devices anticipate and respond to consumer demands.