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Published on December 4th, 2014 | by and

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10 Policy Principles for Unlocking the Potential of the Internet of Things

“The Internet of Things” encapsulates the idea that ordinary objects will be embedded with sensors and connected to the Internet. To date, most discussion of the Internet of Things has highlighted the technology; to the extent it has addressed policy, the focus has been largely negative (i.e. how to limit the supposed risks from deployment). In contrast, this report highlights principles that policymakers in all nations need to apply in order to maximize the considerable promise of the Internet of Things for economic growth and social well-being. Of two conflicting approaches to the Internet of Things, neither the “impose precautionary regulations” nor the counter “leave it completely up to the market” will allow societies to gain the full benefits from the Internet of Things revolution. This report presents ten principles to help policymakers establish policies and programs to support and accelerate the deployment and adoption of the Internet of Things.

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One Response to 10 Policy Principles for Unlocking the Potential of the Internet of Things

  1. Outstanding report! It’s clear and exceptionally well written, and it hits all of my concerns. If I were to add anything, it would be these two thoughts…

    Competition — Ensure that “market forces” promote free market competition rather than domination by a few corporate players who answer to shareholder investment interests rather than public interests, such as with the current environment for broadband Internet.

    Motives — The mention of public/private partnerships could have stressed the different private & public sector investment horizons (short-term v. long-term) and objectives (profit v. economic growth & social good). See http://www.slideshare.net/waynecaswell/big-broadband-public-infrastructure-of-private-monopolies

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