Information and Communication Technology Research Paper

Information and Communication Technology - Research Paper ExampleIt is known that each moment, unfermented technological advancements ar made in ICT. This effectively results in relatively new systems fast getting outdated. These rapid changes have necessitated the forgeing staff to continuously seek more knowledge in coiffe to keep pace with the times. Those who cannot adapt to new focal points, as a result, lose their jobs. The financial sector is angiotensin converting enzyme such sector that must continuously adapt to new ways in order to hold back and fight frauds that could easily be executed online. Developments in ICT have seen the introduction and successful use of accredit and debit cards, automated teller machines, security equipment, and advanced surveillance equipment all of which rely on estimator technology. Traditional regulatory frameworks have become increasingly inadequate for rapid challenges such as point of intersection witnessed in ICT sectors in the world. This has become a great challenge to regulatory bodies which have to adopt technology-neutral or equal regulatory treatment of the different communication and information infrastructure as a way of controlling the sector (ITU et al., 2009). Regulation of ICT Sector According to Baldwin, Regulation as an activity can be described as a discrete and identifiable, focused and sustained exercise aimed at controlling activities that are valuable to a community by public agency or government (Baldwin and Cave, 1999). Regulation whitethorn also be described as a deliberate set of commands, which are specific and realize all forms of influence or social control, by a governing agency to control items that are valuable to the public (Baldwin and Cave, 1999). Baldwin and Cave argue that regulation is one of the most controversial issues cutting crossways a host of disciplines including economics, law, political science, history, sociology, geography, psychology, social administrati on, and management. Due to the apparent complexity of the issue of regulation, a multidisciplinary get down of the theories that exist must be taken (Baldwin and Cave, 1999). The above fact can more easily be expressed by considering a simple example if economists devised technically sound regulatory schemes they would prove to be of infinitesimal significance if warnings or challenges brought forward by sociologists and political scientists, pointing out reasons such schemes would not work as anticipated by the economists, are taken for granted. In a similar way, lawyers bits of advice concerning limitations of certain enforcement processes and rules should be considered for the effective implementation of the scheme. Regulations have existed in various forms to deal with a host of issues. The importance of regulation can be clearly seen in areas relating to industrial relations, monopolies, workplace safety and health, gaming, civil aviation,and discrimination.