How Data Restrictions Hurt The Global Economy - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Comments
How Data Restrictions Hurt The Global Economy
Newest First  |  Oldest First  |  Threaded View
danielcawrey
100%
0%
danielcawrey,
User Rank: Ninja
3/5/2015 | 11:11:40 PM
Re: How Data Restrictions Hurt The Global Economy
These restrictions seem stupid to me. The whole point of the internet is to break down barriers and enable global communication.

But governments clearly see this as a threat. I don't know what the remedy is to this, although I feel like more people should really be concerned here. Data restrictions of this nature are simply never a good thing. 
zerox203
100%
0%
zerox203,
User Rank: Ninja
3/4/2015 | 4:07:47 PM
Re: How Data Restrictions Hurt The Global Economy
You're certainly right about at least one thing, Michael - it can't be understated just how fundamental unrestricted data sharing is to the global economy, and to people's lives, today. Moreover, the margins by which many, many companies succeed are already driven by the idea that this data sharing is near-cost-free and won't cause them any headaches, so even the slightest alteration to that status quo could do big damage to their profitability and thereby their ability to offer competitively priced, innovative services. Imagine a chinese vendor who sells consumer electronics online at cut rates where the profits are just pennies. Consumers take this for granted, but what happens to their customer service if the cost of doing business goes up? Any decision to restrict or regulate that which is already open should not be taken lightly.

That being said, I do feel that that knife cuts both ways. As you said, many such laws are well-intentioned. Consumers have given up many of their rights without even realizing it - rather than laws being in place that either protect consumers or companies' rights, things just pushed ahead without any regulation at all. It's a wild west. Consultation with private sector experts who know their industry and the technologies at play are crucial, as governments are likely to make politically-motivated, uneducated leaps where technology is involved, but you seem to have left out the other end of the equation - ultimately, the laws should reflect the people's will. Ensuring they have proper education in making those decisions and the repercussions they'll have on the economy is a pursuit of it's own, but in no case should companies' needs supercede the will of the public, connected though they are.


State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
Enterprise Guide to Digital Transformation
Cathleen Gagne, Managing Editor, InformationWeek,  8/13/2019
Slideshows
IT Careers: How to Get a Job as a Site Reliability Engineer
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/31/2019
Commentary
AI Ethics Guidelines Every CIO Should Read
Guest Commentary, Guest Commentary,  8/7/2019
Register for InformationWeek Newsletters
Video
Current Issue
Data Science and AI in the Fast Lane
This IT Trend Report will help you gain insight into how quickly and dramatically data science is influencing how enterprises are managed and where they will derive business success. Read the report today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll