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Disruptive Technologies and the Evolution of the Law EDUCAUSE Southeast Regional Conference Atlanta, Georgia June 19-21, 2006 Richard Keck Duane Morris LLP 404-253-6950 rkeck@duanemorris.com. Disruptive Technologies and the Evolution of the Law --Richard Keck.
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Disruptive Technologies and the Evolution of the Law EDUCAUSE Southeast Regional Conference Atlanta, Georgia June 19-21, 2006 Richard Keck Duane Morris LLP 404-253-6950 rkeck@duanemorris.com
Disruptive Technologies and the Evolution of the Law --Richard Keck SOME DIFFERENCES BETWEEN CLASSICAL AND KNOWLEDGE ECONOMIES
Disruptive Technologies and the Evolution of the Law --Richard Keck classical economies use scarce physical resources --“the tragedy of the commons” leads to private property
Disruptive Technologies and the Evolution of the Law --Richard Keck knowledge economies use inexhaustible intellectual resources…this leads to the open source movement fish and loaves
Disruptive Technologies and the Evolution of the Law --Richard Keck THESIS • The law reflects relatively stable societal values • The law balances competing values based on a presumed technological equilibrium • Disruptive technologies can rapidly upset the balance • The law must adapt to restore balance
Disruptive Technologies and the Evolution of the Law --Richard Keck EXAMPLES • electronic records and signatures • online, free, electronically searchable public records • spam • peer-to-peer networking and file sharing • voice over Internet protocol • e-learning applications
Disruptive Technologies and the Evolution of the Law EDUCAUSE Southeast Regional Conference Atlanta, Georgia June 19-21, 2006 Richard Keck Duane Morris LLP 404-253-6950 rkeck@duanemorris.com