Do We Need a National I-Media Commission?
January 25th 2019
In an era of accelerating technological and business change, the question is whether the existing regulatory institutions fit the changing environment. The pressure points include:
- New types of media and applications, in particular the Internet, online video, apps, and the Internet of Things
- The global reach of providers
- Emerging issues such as:
- Data privacy and security
- Social media control of usage
- Algorithms in the individualization of content, pricing, and advertising
- Anonymity and cryptography
- Non-discrimination by networks and platforms
- Big data and marketing practices
- Media trade barriers
Dealing with such issues can be done in several ways:
- A libertarian regime with vanishing regulation.
- Status quo regulation, with issues dealt with by existing government agencies
- Creation of new single-issue agencies for new issues, such as a Federal Privacy Commission along the European model.
- A converged agency to cover the emerging issues of the wider electronic information sector.
Each of these approaches has shortcomings such as overlaps, gaps, single-issue perspectives, lack of expertise, and lack of coordination. Others may run counter to basic policy principles of Western democracies.
The purpose of the conference is to:
- Identify new types of issues,
- What regulatory structure– if any—to deal with them.