Americans have made their opinion clear: their privacy concerns are decreasing even without additional privacy laws. The question remains: will policymakers listen?
August 22, 2018
August 20, 2018
Fact of the Week: 72 Percent of Jobs Created in the U.S. from 2010 to 2016 Were Below Average in Both Compensation and Productivity
Emerging technologies promise to bring about a new production revolution that will increase welfare throughout society, but it is expected to have the largest impact on low-productivity jobs. This could increase the proportion of high-paying and high-productivity jobs, but it also threatens a larger disruption to society, as lower-skill workers have more difficulties changing industries.
August 16, 2018
EU policymakers created the GDPR to protect an individual’s right to privacy—a right that they see worth protecting at any cost. However, its creators did nothing to prevent these costs from being levied on non-Europeans. Policymakers around the world should step in to ensure that if Europe wants privacy, it must pay its own bill.
August 13, 2018
With proposals to ban everything from private cafeterias to electric scooters, cities like San Francisco have been lashing out at tech workers, because the popular perception has been that they drive up prices of everything, especially housing, for everyone else around them. But to the extent that these cost-of-living increases are real and intrinsic to the tech sector, they are more than outweighed by the improved wages the tech industry generates.
August 7, 2018
Policymakers are free to question U.S. foreign policy towards China, but they do U.S. interests no favors by attacking U.S. companies that merely follow the course charted out by their own trade policies writes Daniel Castro in Innovation Files.
August 6, 2018
Fact of the Week: Reduced Tariffs Between 1989 and 2011 Induced Indian Firms to Increase Their Productivity
Protectionists routinely attempt to justify tariffs on the notion that domestic firms need to become more efficient before facing competition from outside markets. But new research on Indian firms helps put the lie to this claim, finding that exposure to international competition actually increases their productivity.
July 30, 2018
Fact of the Week: The Cost To Sequence a Human Genome Decreased More than 99.999 Percent Between 2000 and 2016
The future of medicine lies in better understanding the human genome and how our bodies function at the most basic level, and that requires reliable and inexpensive genome sequencing. Technological breakthroughs, such as fluorescent labelling and programs capable of reconstructing smaller DNA fragments, massively decreased costs of a full genome sequence to from $300 million in 2000 to $1,500 in 2016.
July 30, 2018
Banning law enforcement from using facial recognition technology would be wholly inappropriate based on the evidence to date and limit many beneficial uses of the technology for public safety writes Daniel Castro and Michael McLaughlin.
July 26, 2018
The Internet economy requires new rules in some cases. But these rules need to be carefully considered. Where changes are needed, policymakers need to ensure that they do not impair the tremendous innovation and value that the Internet has enabled writes Joe Kennedy in Innovation Files.
July 24, 2018
U.S. policymakers should continue down this path to create more permissive and updated rules for SSTs. Only by allowing the technology to achieve lift-off will policymakers be able to spur investment in supersonic technology and improve its efficiency and effectiveness, writes Alan McQuinn in Innovation Files.