REUTERS

Internet regulation and the freedom to innovate

A major reason why there is so much creative technology driving the US economy is that America’s best and brightest have historically been allowed to innovate at will. Consumers have benefited from an American policy framework that maximized technology’s ability to power economic growth, enhance productivity, and expedite the delivery of more and better internet-based experiences. Innovation-friendly policies removed the requirement of regulatory permission to enhance the equipment that operates the basic network functions of internet connectivity. Free from regulatory obstacles, America’s best and brightest were able to develop innovative technologies such as Wi-Fi and Near Field Communication, which in turn are enabling the Internet of Things, mesh networks, and Bluetooth capabilities. Unfortunately, supporters of so-called net neutrality want regulatory barriers to manage around today’s technological capabilities, something that is sure to slow the progress of American innovators moving forward.