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Regulatory Compliance

Are governments doing enough to regulate new tech?

There’s never a day when technology isn’t advancing. After all, emerging innovations such as artificial intelligence, automation, robotics, cognitive computing and the Internet of Things are already playing important role in our lives.

The general consensus is that connected technologies are helping us to achieve more as human beings, whether at home or in the workplace. We’re essentially entering an era where everything around us will have some sort of internet function. This is often described as the fourth industrial revolution.

According to research from analyst firm Gartner, the number of connected objects in use is expected to grow from 8.4 billion in 2017 to 20.4 billion in 2020. And spending on IoT systems will have surpassed $3 trillion by the next decade. Clearly, the next few years are set to be extremely lucrative for companies.

But despite all the optimism surrounding these technologies, that’s not to say they are without any challenges. Crooks have already shown that they can compromise IoT, artificial intelligence and autonomous systems. The question is, what can governments and businesses do to keep technology in check?

 

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Nicholas Fearn

Nicholas is a technology journalist from the Welsh valleys. He's written for a plethora of respected media sources, including The Next Web, Techradar, Gizmodo, Lifehacker, TrustedReviews, Alphr, TechWeekEurope and Mail Online, and edits Wales's leading tech publication. When he's not geeking out over Game of Thrones, he's investigating ways tech can change our lives in many different ways.

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