Europe's policy options for a dynamic and trustworthy development of the Internet of things : executive summary

The Internet of Things (IoT) is developing rapidly and may challenge conventional business, market, policy and societal models. In particular, the economic, socio-political, legal and technological governance of the internet is based on assumptions about rational choice, market forces and effective selforganisation that are most appropriate to human-controlled systems. The interacting autonomous systems of the IoT are already departing from this paradigm. This raises two complementary policy challenges: whether these departures raise any unique IoT-specific policy concerns, let alone specific problems in need of legal intervention or policy support; and whether the development of the IoT affects the rationale, impacts and/or available instruments for existing interventions ranging from regulation to development and deployment support.