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Today, thanks to political gridlock in the U.S., lawmakers respond to innovations with all the speed of continental drift. As government gets slower, tech is going the opposite way. New technologies spread instantly by cloud-based apps and social networks, and take hold with almost no legal oversight. Then, by the time government can act, it's usually too late to wind things back to the way they were.
And this, as it turns out, is terrific for tech startups, especially those aimed at demolishing creaky old norms—like taxis, or flight paths over crowded airspace, or money. Lately, the law vs. tech gap is making headlines as it upends the rules around sports gambling. The daily fantasy sports sites FanDuel and DraftKings are showing how fast technology can exploit the gap and put government on its heels.
This problem is as old as law itself. From thrown rocks to spears, bow and arrow to guns, agricultural to industrial economies, government has always had this problem.
(Score: 0) by Anonymous Coward on Tuesday November 03 2015, @04:28AM
FanDuel and DraftKings are a scourge on the sports scene
The sports scene is a scourge on the sports scene. It's all simply trash.
(Score: 0) by Anonymous Coward on Tuesday November 03 2015, @04:32AM
It is, but it's the least fake thing on television, with at least some semblance of an outcome not pre-determined by Hollywood producers (unless of course you count game-throwing, point-shaving, and other things we'll probably hear about in 4 years or so. But at least it's better than "reality" television or watching that three ring circus called Hollywood).
(Score: 4, Touché) by quadrox on Tuesday November 03 2015, @06:23AM
Watching sports on TV is better than reality TV in the same way that shooting yourself in the foot is better than shooting yourself in the head. One might be preferable to the other, but I wouldn't want to do either.