{"id":246949,"date":"2023-06-07T20:22:52","date_gmt":"2023-06-07T14:52:52","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=246949"},"modified":"2023-06-07T20:22:52","modified_gmt":"2023-06-07T14:52:52","slug":"a-global-order-as-technologys-much-needed-pole-star","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/a-global-order-as-technologys-much-needed-pole-star\/","title":{"rendered":"A global order as technology\u2019s much needed pole star"},"content":{"rendered":"\n

Source<\/strong>– The post is based on the article \u201cA global order as technology\u2019s much needed pole star\u201d <\/strong>published in \u201cThe Hindu\u201d <\/strong>on 7th June 2023<\/strong>.<\/p>\n

Syllabus: <\/strong>GS2- Polity<\/p>\n

Relevance<\/strong>– Issues related to impact of technology on global polity<\/p>\n

News- <\/strong>Since the 2000s, the rapid scale and pace of development of technology have radically transformed our societies and daily lives.<\/p>\n

How is the notion of nation-state changing?<\/strong><\/h2>\n

As per political theorists, a nation-state is a territorially-bounded sovereign polity. <\/strong><\/p>\n

There are now several threats occurring across the borders of nation-states, like cyber-attacks. It has a ripple effect on the physical boundaries<\/strong>. It can challenge their socio-economic and political existence. <\/strong><\/p>\n

Web3, peer-to-peer networks and blockchains<\/strong> has allowed state and non-state actors<\/strong> to influence areas such as trade, commerce, health and education.<\/p>\n

Geography-based rules<\/strong> are no longer easily enforceable<\/strong> because of the declining significance of geographical borders in the era of high technology. Any form of virtual activity<\/strong> is not confined to the borders of a country. Data travels across the world at high speed.<\/p>\n

Such activities are beyond the laws of a nation-state. It is extremely difficult in the absence of a globally accepted norm<\/strong>, to enforce the law in that geography. It is difficult to collect evidence without cooperation from other geographies.<\/p>\n

It is also difficult to establish applicability of any country-specific legislation<\/strong> due to the universal nature of technology.<\/strong><\/p>\n

The emergence of newer technologies has exposed the incapacity and inability<\/strong> of the government of the nation-state to administer and regulate<\/strong> these technologies.<\/p>\n

Multinational corporations, NGOs and supranational organisations are not limited to nation-states. These entities have transcended physical boundaries<\/strong> to collaborate with the rest of the world.<\/p>\n

How has the borderless nature of technology challenged the traditionally accepted concepts of sovereignty, jurisdiction?<\/strong><\/h2>\n

On the economic side, five largest American tech companies have a valuation of more than $4,100 billion<\/strong>. These have surpassed Germany\u2019s GDP in terms of valuation. One of the most important levers of these companies is data and their use.<\/p>\n

Data has become the most important raw material of our times. Only a handful of companies now hold economic power and influence <\/strong>over it. Their huge size allows them to increase the amount of information analysed <\/strong>by them to influence our activities.<\/p>\n

What is the way forward to deal with the challenges presented by modern technology?<\/strong><\/p>\n

There is a need for a principle-based global order for technology.<\/strong> It would help in dealing with enforceability challenges<\/strong> in the adoption and diffusion of technology.<\/p>\n

It can provide guidance to emerging economies to deal with the evolving definitions of their sovereignty. <\/strong><\/p>\n

There is a need for a data-sharing ecosystem<\/strong> based on privacy, free flow of data<\/strong>. A global regulatory system<\/strong> trusted by all countries; particularly developing countries is required.<\/p>\n

India needs a data transfer and data privacy law<\/strong>. But these laws have limitations in the absence of a global principle-based regulation architecture<\/strong> trusted by all countries.<\/p>\n

The finance minister has emphasized the need to have a globally coordinated approach<\/strong> to the regulation of digital assets<\/strong> such as crypto-currencies.<\/p>\n

For India, G-20 is the perfect opportunity to take leadership as it has done earlier in green initiatives <\/strong>such as the International Solar Alliance or the Coalition for Disaster Resilient Infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source– The post is based on the article \u201cA global order as technology\u2019s much needed pole star\u201d published in \u201cThe Hindu\u201d on 7th June 2023. Syllabus: GS2- Polity Relevance– Issues related to impact of technology on global polity News- Since the 2000s, the rapid scale and pace of development of technology have radically transformed our… Continue reading A global order as technology\u2019s much needed pole star<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10498],"class_list":["post-246949","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704825589},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/246949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=246949"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/246949\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=246949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=246949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=246949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}