Futurum Analyst in Residence Jared Klee analyzes the proposed bipartisan Lummis-Gillibrand bill for cryptocurrencies and considers the comprehensiveness of the bill and the thoughtful approach of its provisions and concludes that although unlikely to pass in its current form, it nonetheless establishes a strong foundation for the ultimate legislation.
The Problem with Congress’s 5 New Antitrust Bills Aimed at Reining In U.S. Big Tech
Last Friday, House Democrats introduced five new antitrust-style bills aimed at curtailing the market dominance of U.S. technology companies. Futurum’s Olivier Blanchard breaks down the nuances of the bills, outlines the problems with each, and shares thoughts on the challenges ahead.
$100 Billion High-Speed Broadband Bill Reintroduced by Rep James Clyburn Aimed at Closing the Digital Divide
The $100 billion high speed broadband bill reintroduced by Rep James Clyburn is aimed at closing the digital divide. This is both timely and significant, as the FCC estimates at least 21 million Americans currently may not have access to high speed internet, including as many as 1 in 4 rural households and 1 in 3 households on tribal lands. This puts students and workers in those areas at a severe disadvantage through no fault of their own. That is the digital divide that H.R.1783 aims to correct over the next five years.
IBM, Microsoft and Amazon Suspend Police Access to Facial Recognition Tech, Prompt US Lawmakers to Act
Earlier this month, Microsoft President Brad Smith explained that Microsoft would no longer “sell facial recognition technology to police departments in the United States until we have a national law in place, grounded in human rights, that will govern this technology.” This statement followed Amazon’s the previous day, in which it announced a one-year moratorium on police use of Amazon’s facial Rekognition technology.