Government Needs to Catch Up to Technology

Emile Haddad

Technology is changing our world and our economy. Major disruptors like Uber and Airbnb are already fueling changes in development, but more change is coming. The driverless car and new public transit models will promise even more changes—and developers need to adjust future developments to accommodate these new needs. But, that is easier said than done. Government regulation is slow to change, and it may even imped adoption of new technologies. Emile Haddad, the new chairman of the USC Lusk Center and CEO of development firm FivePoints, has named the government’s lack of response to changing technologies as one of the major issues that we face today, but one that almost no one is discussing. We sat down with Haddad to discuss the need for changing regulations and where that change should come from.

GlobeSt.com: Why do you think regulatory issues aren’t being discussed, and why did you feel it was important to shine a light on them?