Myanmar recently launched its Digital Economy Development Committee (DEDC) last July and is currently drafting the digital economy development master plan. It is pivotal that the blueprint will take into account the social responsibility of Facebook, how the digital skills gap will be bridged and how regulations could oversee the ethics of AI and algorithms. These warnings are timely reminders for Myanmar, where Facebook dominates the internet landscape. The supremacy has huge implications for the sharing of information in the era of fake news and when terrorist or harmful content is a threat. Nay Pyi Taw needs to engage with the tech giant to raise the game. The UK has established a pioneering Centre for Data Ethics and Innovation to build a common understanding of how to ensure the safe, ethical and innovative deployment of AI. Myanmar needs to follow suit.
Uber, alongside Singapore-based Grab, were newcomers to Yangon last year. The authorities have sought to regulate the taxi sector through these channels, and improve road safety, services and traffic. In the same vein, from Uber to AirBnB, Nay Pyi Taw needs to allow the sharing economy to flourish while implementing a sound regulatory framework. There is a lot to be done.