with Tony Blair (@InstituteGC), Scott Kupor (@skupor), and Sonal Chokshi (@smc90)
If the current pace of tech change is the 21st-century equivalent of the 19th-century Industrial Revolution — with its tremendous economic growth and lifestyle change — it means that even though it’s fundamentally empowering and enabling, there’s also lots of fears and misconceptions as well. That’s why, argues former U.K. prime minister Tony Blair (who now has an eponymous Institute for Global Change), we need to make sure that the changemakers — i.e., technologists, entrepreneurs, and quite frankly, any company that wields power — are in a structured dialogue with politicians. After all, the politician’s task, observes Blair, is “to be able to articulate to the people those changes and fit them into a policy framework that makes sense”.
The concern is that if politicians don’t understand new technologies, then "they’ll fear it; and if they fear it, they’ll try and stop it" — and that’s how we end up with pessimism and bad policy. Yet bad regulations often come from even the very best of intentions: Take for example the case of Dodd-Frank in the U.S., or more recently, GDPR in Europe — which, ironically (but not surprisingly) served to entrench incumbent and large company inter…
Original video: https://soundcloud.com/a16z/politics-technology-policy-regulation-tony-blair
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