How Platforms Could Benefit from the Precautionary Principle | Centre for International... - 0 views
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Risk assessments: First, companies could conduct risk-based assessments, as commonly happens for large-scale infrastructure projects. No engineer builds a bridge without calculating its stability. If platform companies want to be our online infrastructure, we might ask for similar levels of care as for physical infrastructure.
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First, if governments used the precautionary principle to ask for risk assessments, these assessments themselves would not be foolproof and could be gamed.
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Third, the precautionary principle can lock in big players and stifle innovation. If risk assessments are expensive, only the larger companies will be able to afford them.
