Beyond the Era of Convergence
Advances in Information, Communication and Entertainment Markets series
Edited by Hitoshi Mitomo, Hidenori Fuke and Erik Bohlin
Chapter 3: Digital power shift from network to smart devices: how will regulators cope with digital power?
Digital technologies are core technologies to sustain the development of information and telecommunication (IT) industries. ‘Digital Power’ is economic power developed by digital technologies, and it becomes the source of economic power in the IT industries. In this paper, the impact of ‘Digital Power’ on the telecommunication industries is examined, and then the function of regulator in the smart device age is reconsidered. First, the evolution of the industries is categorised into three period; they are age of network, age of platform and age of smart devices. Secondly, the function of regulators in each period is reexamined. Through this process, the development of government and business relationships is cleared. All telecommunication regulators have been organised in the age of voice telephone and analog broadcasting. In the conclusion, we will discuss how such traditional regulators cope with environmental change or not.
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