kaal:claim:2939127-035

The traditional legal tool kit worked adequately when innovation cycles were long, but where innovation is exponential it is regularly out of touch with the radically different needs of a decentralized world and often produces disastrous outcomes.

Source quote, verbatim
This approach might have worked adequately when innovation cycles were longer, but in a world where innovations occur exponentially, the traditional legal tool kit is regularly out of touch with the radically different needs of a decentralized world.
From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017), IV. Educating the 21st Century Lawyer, p. 35
https://ssrn.com/abstract=2939127 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127

Holds when
Classification

failuresupport: arguedfailure: traditional-toolkit-obsolescencefamily: collective-action-and-coordination-failurelaw-and-legal-systemseducation-and-practicedecentralizationinnovation

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