Today's newest innovations from smart cars to online betting markets pose new challenges as well as new threats to the consumer market. Every part of our modern society is fragile and ever-changing. This can be seen with the recent debate over Uber and Lyft. These companies are creating a lot of issues for the private cab and escort services by pulling away customers. Although only starting up a few years earlier, have become multi-billion dollar companies with enough political power and recourses to stand their ground. Although this innovation may good for the economy and progressing as a society to become more self-efficient and productive, these new unregulated markets which they operate in have the possibility to have vast consequences. For example, in New York, Uber has decimated yellow cabs and as a result, Yellow Cabs have decreased dramatically, with a 65% decrease in 2012 alone. New technologies and innovation result in rendering older technologies and techniques obsolete, which will lead to those products and practices diminishing as a result. This can be seen in the emerging technology sector, with new technologies to replace the old. For example, phone manufacturers like Apple and Samsung release newer versions of smartphones every year, not only creating new demand but as a result, make older phone models obsolete. This can be seen as a benefit to the economy by …show more content…
Many argue that freedom of speech and constitutional rights protect those who use the web and that is exactly what fought Stop Online Piracy Act, also known as SOPA, in 2012. Those who protested SOPA had a good reason to, it limited the freedom of speech on the web, but many bills that put regulations on the internet also reap many benefits, Currently there are less that 50 laws that have censorship components that relate to the internet. To put that in comparison, in 2012 alone, 40,000 laws were passed. That just shows how little the internet is regulated and bills like SOPA will most likely never be able to be passed. First Amendment rights are important, but the internet has too little control, and that can be dangerous. Scams, piracy and illegal services are plenty on the web along with inappropriate. For lawmakers defining the fine line between legal and not can be hard, and in today's world, the task more influenced than ever by the powerful in Silicon Valley. There is no good answer on an effective and fair method to keep the internet regulated and safe, the line between ethics and safety will always get in the way of progression.
Inevitably, the emerging technologies of the future will redefine our understanding of the line between ethics and safety. Society will always