Posted: May 3rd, 2016
1. There has been much talk of ‘disruptive technologies’ by Prime Minister Malcolm Turnbull recently, citing Uber and AirBnB in particular. What does it mean for technology to be ‘disruptive’ and what is it that is being ‘disrupted’? Ensure you refer to regulatory frameworks in your answer.
2. A recent move by the Queensland Parliament to re-regulate the sugar industry has been referred to as ‘sugar socialism’ by some and ‘economic lunacy’ by others. What is ‘socialist’ about the legislation and why might such a move be considered ‘economic lunacy’?
3. Uber has disrupted the taxi industry in Australia. Are the reforms introduced in the ACT and NSW sufficient to compensate taxi drivers for the disruption caused by Uber? What societal changes have enabled the rise of ride-sharing businesses such as Uber? Are these reforms good for the economy? Why or why not?
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