Proceedings of the 3rd Multidisciplinary International Conference, MIC 2023, 28 October 2023, Jakarta, Indonesia

Research Article

Information Technology as Part of Economic Innovation Will Drive the Law Innovation

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  • @INPROCEEDINGS{10.4108/eai.28-10-2023.2341695,
        author={Suparno  Suparno and Francisca Romana Nanik Alfiani},
        title={Information Technology as Part of Economic Innovation Will Drive the Law Innovation},
        proceedings={Proceedings of the 3rd Multidisciplinary International Conference, MIC 2023, 28 October 2023, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2023},
        month={12},
        keywords={information technology economic innovation law innovation},
        doi={10.4108/eai.28-10-2023.2341695}
    }
    
  • Suparno Suparno
    Francisca Romana Nanik Alfiani
    Year: 2023
    Information Technology as Part of Economic Innovation Will Drive the Law Innovation
    MIC
    EAI
    DOI: 10.4108/eai.28-10-2023.2341695
Suparno Suparno1, Francisca Romana Nanik Alfiani1,*
  • 1: Universitas Borobudur
*Contact email: ciscaromana@gmail.com

Abstract

The racing tide of the development of information technology will change the human paradigm. Especially if information technological developments become part and aggregate of economic innovation which results in and requires adjustments or innovations to applicable laws. In this article, two cases study are cited for discussion: crypto currency and artificial intelligence. In several countries prohibit crypto currency as a digital currency, while other countries allow it with strict regulations, including Indonesia. Artificial Intelligence has been widely used, not only as a business support, but also as a new form of business, such as Elon Musk's business model. Seeing the character of information technology which is universal and used by humans in all countries but with different legal orders, especially the development of information technology as an inseparable part of economic innovation. For this reason, it is necessary to accelerate legal standardization for the use of the same information technology everywhere without causing conflict with different customs and norms.