Europe’s policy options for a dynamic and trustworthy development of the Internet of things
The Internet of Things (IoT) is developing rapidly and may challenge conventional business, market, policy and societal models. In particular, the economic, socio-political, legal and technological governance of the internet is based on assumptions about rational choice, market forces and effective selforganisation that are most appropriate to human-controlled systems. The interacting autonomous systems of the IoT are already departing from this paradigm. This raises two complementary policy challenges: whether these departures raise any unique IoT-specific policy concerns, let alone specific... problems in need of legal intervention or policy support; and whether the development of the IoT affects the rationale, impacts and/or available instruments for existing interventions ranging from regulation to development and deployment support.