New Guardrails for the Information Society
36 Pages Posted: 11 Oct 2021
Date Written: September 12, 2021
Deep uncertainty and increasing interdependence among players change how the information society can be governed. To remain effective, governance must better reflect these conditions. Systems approaches and adaptive forms of governance are needed to augment established policy models. Moreover, a reassessment of the normative principles upon which information society policies are based is called for. The establishment of appropriate boundary conditions (“guardrails”) for the activities of decentralized players is an important instrument to align the tremendous potential of information and communication technologies with visions of a good society. Because of the heterogeneity of global historical, economic, political, and cultural conditions, the emergence of a polycentric organization of information society governance is likely. However, differentiation and institutional variety must be considered desirable features rather than problems, because they can contribute to policy experimentation, learning, and the improvement of governance.
Keywords: Information society, big tech, Facebook, Google, Amazon, interdependence, deep uncertainty, normative foundations, ethics, adaptive regulation, governance
JEL Classification: L51, L86, L96, O38
Suggested Citation: Suggested Citation