Because technological transition is becoming a permanent state rather than an episode, rulemakers' inability to address the regulatory issues created by disruptive innovation will generate high levels of legal uncertainty and inconsistency.
Source quote, verbatim
technological transition is going to be a permanent state in the age of disruptive innovation, rulemakers' inability to address regulatory issues associated with disruptive innovation will likely generate high levels of legal uncertainty and inconsistency
From
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017), III. THE FACTUAL BASIS OF MODERN REGULATION, p. 13 https://ssrn.com/abstract=2834531 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531
Holds when
age of continuous disruptive innovation
existing rulemaking framework
Classification
mechanismsupport: arguedfailure: uncertainty from permanent transitionfamily: definitional-ambiguitylaw-and-legal-systemsinnovationdynamic-regulation
Related claims
restateskaal:claim:2808132-014 Rulemakers' inability to address disruptive innovation will generate high levels of legal uncertainty and inco...
extendskaal:claim:2740477-012 Rulemakers' inability to address the regulatory issues raised by disruptive innovation will generate high leve...
restateskaal:claim:2740477-013 Technological transition will be a permanent state in the age of disruptive innovation, so the uncertainty and...
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