Tag Archives: Advise
LONDON (Reuters) – Britain has hired Jason Furman, chief economist in former U.S. President Barack Obama’s administration, to chair a new panel that will steer its approach to digital technology, the UK government said on Thursday.
FILE PHOTO: Council of Economic Advisers Chair Jason Furman speaks at a Brookings Institution forum on “Achieving Strong Economic Growth” in Washington April 8, 2015. REUTERS/Yuri Gripas
The panel will look at competition in the digital economy and how technological progress can be squared with the protection of privacy and society at large.
Furman served as chair of the U.S. Council of Economic Advisers between 2013 and 2017 and is currently a professor of economic policy at Harvard Kennedy School in Cambridge, Massachusetts.
“His experience will be invaluable as we ensure that our market-regulating institutions are fit for purpose in the digital age,” British finance minister Philip Hammond said.
Britain wants to keep close ties with the European Union around digital regulation after Brexit, although it will not be a part of the bloc’s Digital Single Market – a plan to make online trade easier between EU countries.
Britain’s digital industry turned over about 116.5 billion pounds ($ 153 billion) in 2016, or around 7 percent of economic output.
“While digital markets have produced significant consumer benefits, including in the UK, we need to fully understand how competition policy needs to adapt going forward,” Furman said.
“Our focus needs to be on ensuring that consumers continue to benefit from these new technologies while maximizing the innovative potential from the economy.”
Furman’s panel will operate from September through to early 2019, when it is due to submit its findings to the government.
Reporting by Andy Bruce; editing by Stephen Addison
(Reuters) – Uber Technologies Inc [UBER.UL] said Monday it has hired a former National Transportation Safety Board (NTSB) chairman to advise the company on its safety culture after a fatal self-driving crash in Arizona.
Online news outlet The Information reported Monday that Uber has determined the likely cause of the fatal collision was a problem with the software that decides how the car should react to objects it detects. The outlet said the car’s sensors detected the pedestrian but the software decided it did not need to react right away.
“We have initiated a top-to-bottom safety review of our self-driving vehicles program, and we have brought on former NTSB Chair Christopher Hart to advise us on our overall safety culture,” Uber said Monday. “Our review is looking at everything from the safety of our system to our training processes for vehicle operators, and we hope to have more to say soon.”
A 49-year-old woman was killed on March 18 after being hit by an Uber self-driving sports utility vehicle while walking across a street in Phoenix, leading the company to suspend testing of autonomous vehicles. Arizona’s governor also ordered a halt to Uber’s testing.
Uber declined to comment on the Information report. “We can’t comment on the specifics of the incident,” the company said, citing the ongoing NTSB investigation.
The National Highway Traffic Safety Administration is also investigating the incident.
Uber Chief Executive Dara Khosrowshahi said in April the ride-sharing company still believes in the prospects for autonomous transport. “Autonomous (vehicles) at maturity will be safer,” he said at a Washington event.
Reporting by David Shepardson; editing by Jonathan Oatis