Innovation falters when regulation doesn't lead tech but follows it

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From: Buisness-standard By Aditya Shukla
Recommended by: business-standard


The last few decades of human civilisation have been the most significant in terms of technological progress. The rapid advances of sciences is resulting in a snow-balling effect on innovation across disciplines.

The advent of new technologies — gene-editing, artificial intelligence, block-chain, to name just a few — are revolutionising human-technology interaction. Further, innovative business models centred around the sharing economy (for instance, ride-hailing services, short-term apartment-renting etc.) are on course to make established business models redundant. In ...

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