Big Data Strategy for Regulatory Reform
摘要
Linked to the uptake and usage of digital technologiesTechnology (technologies) in economic governanceEconomic governance is the exploitation of big dataBig data. In other words, technology alone is not enough to drive innovationInnovation. The emergence of big data as a pervasive feature of modern economies has reshaped how regulationRegulation can be conceived, implemented, and evaluated. For South Africa’sAfrica network industriesNetwork industries, characterised by fragmentation, uneven performance, and constrained capacity, the integration of big data into regulatory governance represents both an opportunity and a necessity. As in the case of digital technologies and Artificial Intelligence, collaboration among the different regulators is recommended given the cost associated with new technological innovations.