The Connected World: Examining the Internet of Things

30 Pages Posted: 13 Feb 2015

See all articles by Adam D. Thierer

Adam D. Thierer

George Mason University - Mercatus Center

Date Written: February 11, 2015

Abstract

Testimony of Adam Thierer (Mercatus Center at George Mason University) before the Senate Committee on Commerce, Science, and Transportation for hearing on “The Connected World: Examining the Internet of Things.”

The three key takeaways of the testimony: (1) First, the Internet of Things offers compelling benefits to consumers, companies, and our country’s national competitiveness that will only be achieved by adopting a flexible policy regime for this fast-moving space. (2) Second, while there are formidable privacy and security challenges associated with the Internet of Things, top-down or one-size-fits-all regulation will limit innovative opportunities. (3) Third, with those first two points in mind, we should seek alternative and less costly approaches to protecting privacy and security that rely on education, empowerment, and targeted enforcement of existing legal mechanisms. Long-term privacy and security protection requires a multifaceted approach incorporating many flexible solutions.

Keywords: Internet, things, wearable, privacy, security, innovation, permissionless, precaution, FTC

JEL Classification: M3, L86, L88, L5, L2, K13, L5, K13, K00, K39, O3, O31, O33, M38

Suggested Citation

Thierer, Adam D., The Connected World: Examining the Internet of Things (February 11, 2015). Available at SSRN: https://ssrn.com/abstract=2563765 or http://dx.doi.org/10.2139/ssrn.2563765

Adam D. Thierer (Contact Author)

George Mason University - Mercatus Center ( email )

3351 Fairfax Drive
4th Floor
Arlington, VA 22201-4433
United States

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