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Intellectual Property and Digital Economy
In line with my previous theme of Intellectual Property (IP) and the digital economy, this post looks at a recent Position Statement which I helped to draft for the BCS Chartered Institute for IT.
As you may know, one of the core values or mission of the BCS is to advance the role of IT in bettering society, business, education and the economy, and what better way to do this than by suggesting ways in which IP could work better in the evolving digital economy.
Some key issues highlighted in the position statement include:
- The rapid pace of technology change often leaves behind the Intellectual Property (IP) construct which was created to provide economic benefit for the creators, authors, inventors and owners of related IP
- An enormous amount of money is spent annually on IP related litigation (particularly when IP is viewed and used as a tactical weapon). This could be better spent building the right system in the first place
- According to BCS feedback from the 2013 Parliament and Internet conference, intangible and virtual goods online extend to more than just music, written word or software – I’m thinking about the Internet of Things too
- Also, The EC announced an initiative to define a position on taxation of the digital economy – this gets very interesting when you try taxing something like Bitcoin!
- Creating a feedback mechanism to regulate the impact of IP changes on the digital economy, in a transparent manner.
- Developing fast, automated and dynamic IP mechanisms to cope with blurring boundaries of IP (e.g. for emerging trans-media content), and surge in high-volume / low-value transactions online.
- Keeping everything in context, because society is still at a very early stage in understanding and adapting to changes introduced by digital technology – digital IP is in a period of transition without any appreciable end state to speak of.
2. BCS understands the need to ensure all 5 digital stakeholder groups (i.e. the creator, commercial, consumer, technology and governance stakeholders) are consulted, engaged and involved in the creation of digital IP structures for the future. BCS has representative groups and forums that cover all 5 stakeholder groups of interest.
Internet of Things = Internet of Trust
Antonis Patrikios, (Director at FieldFisher), spoke about the legal aspects of IoT and privacy, as well as the need to ensure that IoT works for the benefit of people. He described IoT as the “Internet of Trust” because that is what will be needed to enhance user experience and address key legal challenges such as user privacy and the fact that “IoT is global, but the law is not”.
Finally, the University College London (UCL) provided a glimpse of real IoT projects developed by UCL post graduate students using Microsoft technology. They described realistic usage scenarios and demonstrated the ability to organise groups of Things, controlled via a “Captain” device, to support multiple uses of the same Things (or groups thereof). E.g. the same Captain device in a hospital room full of Things could service the use cases of multiple stakeholders, including the: doctor, patient, family members, building security and hospital administrators.
In the end, all speakers seemed to agree that the combination of IoT and Big Data will be THE game changer in the next wave of computing. There was a certain buzz in the air, as attendees and speakers discussed the possibilities and challenges posed by IoT. One show of hands survey indicated that attendees thought the Internet of Things was at least as significant as, if not more so than, the advent of the original Internet. It was also felt that user education, (e.g. by the IoT service providers, “Thing makers” and their collaborators), would be key to the success and acceptance of IoT by the general public – people are genuinely concerned about their privacy, personal safety and security.
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