Profit Motive versus Public Welfare: The Need for Regulation

Hi Technically Human Listeners!

After a long summer break we are back with a brand season and brand new episodes of the show! To kick off the season, we are bringing you an episode that I’m calling “agree to disagree,” with two guests, Robert D. Atkinson and David Moschella, who join me to argue that the critiques of tech circulating in our environment are full of “myths and scapegoats.” That’s the title of their new book, “Technology Fears and Scapegoats: 40 Myths About Privacy, Jobs, AI, and Today’s Innovation Economy,” published this year by Pallgrave McMillan. The book argues that our era of tech critique, and the impetus for regulation that many critics advocate for and recommend, is misguided, and that our era is one of general pessimism toward AI, in which our society largely overlooks the benefits of this technology. In their words, quote, “These attitudes both reduce the enthusiasm for innovation and the efforts by government needed to spur it.”

Well, as the title of the episode suggests, agree to disagree, both on the facts and the merits of the argument! A key component of this show is my commitment to talking to people with whom I disagree, and foregrounding civil discourse with people whose ideas differ from my own. My hope is that you, the listeners, can weigh out their arguments against my own and see where you land. As always, if you have thoughts about the show, please get in touch!

Robert D. Atkinson is the founder and president of the Information Technology and Innovation Foundation (ITIF). He is an internationally recognized scholar and a widely published author whom The New Republic has named one of the “three most important thinkers about innovation,” Washingtonian Magazine has called a “tech titan,” Government Technology Magazine has judged to be one of the 25 top “doers, dreamers and drivers of information technology,” and the Wharton Business School has given the “Wharton Infosys Business Transformation Award.”

A sought-after speaker and valued adviser to policymakers around the world, Atkinson’s books include Technology Fears and Scapegoats: 40 Myths about Privacy, Jobs, AI, and Today’s Innovation Economy (Palgrave Macmillan, 2024); Big is Beautiful: Debunking the Mythology of Small Business (MIT Press, 2018); Innovation Economics: The Race for Global Advantage (Yale, 2012); Supply-Side Follies: Why Conservative Economics Fails, Liberal Economics Falters, and Innovation Economics is the Answer (Rowman & Littlefield, 2006); and The Past And Future Of America’s Economy: Long Waves Of Innovation That Power Cycles Of Growth (Edward Elgar, 2005).

President Clinton appointed Atkinson to the Commission on Workers, Communities, and Economic Change in the New Economy; the Bush administration appointed him chair of the congressionally created National Surface Transportation Infrastructure Financing Commission; the Obama administration appointed him to the National Innovation and Competitiveness Strategy Advisory Board; as co-chair of the White House Office of Science and Technology Policy’s China-U.S. Innovation Policy Experts Group; to the U.S. Department of Commerce’s National Advisory Council on Innovation and Entrepreneurship; and the Trump administration appointed him to the G7 Global Partnership on Artificial Intelligence. The Biden administration appointed him as a member of the U.S. State Department’s Advisory Committee on International Communications and Information, and a member of the Export-Import Bank of the United States' Council on China Competition.

Atkinson holds a Ph.D. in city and regional planning from the University of North Carolina, Chapel Hil.

David Moschella is a nonresident senior fellow at ITIF. Previously, he was a research fellow at Leading Edge Forum (LEF), where he explored the global business impact of digital technologies, with a particular focus on disruptive business models, industry restructuring and machine intelligence. For more than a decade before LEF, David was in charge of worldwide research for IDC, the largest market analysis firm in the information technology industry, responsible for the company’s global technology industry forecasts and insights.

A well-known international speaker, writer, and thought leader, David’s books include Technology Fears and Scapegoats: 40 Myths about Privacy, Jobs, AI, and Today’s Innovation Economy (Palgrave Macmillan, 2024), Seeing Digital—A Visual Guide to the Industries, Organizations, and Careers of the 2020s (DXC Technology, 2018), Customer-Driven IT (Harvard Business School Press, 2003), and Waves of Power (Amacom, 1997). He has lectured and consulted on digital trends and strategies in more than 30 countries, working with leading customers and suppliers alike.