Page 450 - Kaleidoscope Academic Conference Proceedings 2024

2024 ITU Kaleidoscope Academic Conference

a lack of developer support and obsolescence of the old Similarly, the lifecycles of blockchain technology and
technology. Technology obsolescence, if unaddressed, may quantum technology can be appropriately mapped with the
decline productivity while enhancing the cost and security identified six factors of the technology’s role framework.
vulnerabilities.
6.2 Potential implementation challenges and
5.7 Moving beyond market regulation to strengthen strategies to overcome
technical regulation
The proposed technology’s role framework may face
The regulatory issues in any sector may be grouped under numerous implementation challenges and hurdles. For
two sub-categories: market regulation (fair competition, instance, the technology hype adjustment, a key ask, may
customer interest, market distortion, market convergence, face the maximum difficulty since it may compromise the
and tariff, etc.) and technical regulation (testing, certification business interests of industry segments aiming to exploit
on safety, security, standards, specification, quality, niche deep technology areas. The arguments amplifying
interoperability, patents, and privacy, etc.). technology hype (linked to possible economic growth,
innovation, and benefits of social change) may be used to
Mishra & Singh in their paper established that a framework scuttle genuine attempts to achieve technology hype
for the assessment of regulatory gaps for advanced adjustment.
technology and its applications in allied sectors may be
designed using the regulatory commons dynamics [25]. Similarly, the regulatory gaps and jurisdiction overlaps
among regulatory authorities of multiple sectors may
The sectoral changes are no longer driven by traditional adversely impact the efforts to strengthen technical
market regulation but are increasingly driven by regulations.
technological innovation and technical capabilities. The
previous literature also prescribes the use of the regulatory 6.3 Ethical aspects and stakeholder implications
governance paradigm for greater responsiveness in place of
a purely regulatory approach [25]. As technologies play increasingly prominent roles in the
lives of individuals, the working of organizations, and other
6. DISCUSSION: IMPLEMENTING THE socio-economic aspects in human society, there is growing
PROPOSED RECALIBRATED concern about their creation and usage in line with the ethical
TECHNOLOGY’S ROLE FRAMEWORK norms practiced in society. We contend that enhanced focus
on standards, technology hype adjustment, causality
It is worthwhile to assess the practicability of the novel direction from societal needs to technology, and multi-
technology’s role framework, explored in the previous dimensional sustainability approach shall result in
sections. This section presents a few specific implementation technology trajectory and its role, which is better aligned
cases, followed by a discussion on critical barriers and with ethical norms of the society. However, the adoption of
challenges, strategies to overcome them, ethical aspects, and technology in allied sectors may add to the complexities of
stakeholder implications. Future researchers may also delve the dynamics between technology and ethics.
into these aspects.
The novel technology's role framework is expected to deliver
6.1 Specific implementation cases substantial socio-economic benefits to industry and the
general public. It may help policymakers and regulators to
Let us first take the case of 5G technology, which stands for achieve effective and responsive regulatory governance and
5th-generation mobile telecommunications networks and reduce the implementation gap. However, to start with, they
services. It envisages connecting machines, devices, and may proactively contribute to the proposed recalibration
objects through high-speed data connectivity, ultra- exercise. Policymakers and industry, in particular, have to
reliability low latency, and massive network capacity [31]. lead in facilitating standards development, technology hype
5G technology experienced a higher engagement over adjustment, causality conundrum resolution, multi-
standards development vis-à-vis 4G and prior generation dimensional sustainability, and technical regulation.
technologies. However, its adoption by the allied sector is
unsatisfactory and could not be mapped to killer use cases 7. CONCLUSION
[32]. It establishes that the adoption of 5G technology in the
allied sectors remains a critical challenge to overcome. In today’s society, the development and adoption of
technology are considered to hold solutions to all socio-
5G underwent a hype cycle and is presently passing through economic problems, in other words, a panacea for all ills [33].
the trough phase of disillusionment which may be explained However, it is important to understand their resource
by the dominance of ‘causality from technology to society’ requirements, potentials, and lifecycles before introducing
in the 5G technology. The importance of a multidimensional them to address complex issues. Separation of technology
sustainability approach (radiation-related health issues, etc.) hype from real technology potential capabilities is critical to
and the need to strengthen technical regulation has also been reducing the risk linked with strategic decisions [34].
established in 5G. Voiovich proposed five steps for dismantling the hype cycle

– 406 –