Innovation Zones: Independent Tech Fiefdoms
Posted: Thu Feb 11, 2021 9:07 pm
Nevada is opening Pandora's box: if tech companies can form their own country within a country then let's break up the country into enclaves and cancel Congress
https://apnews.com/article/legislature- ... 02e8a0e5f0
Introduced legislation by Democratic governor in Nevada
Innovation Zones to become independent governmental bodies
would allow technology companies to effectively form separate local governments.The zones would permit companies with large areas of land to form governments carrying the same authority as counties, including the ability to impose taxes, form school districts and courts and provide government services.
limited to companies working in specific business areas including blockchain, autonomous technology, the Internet of Things, robotics, artificial intelligence, wireless, biometrics and renewable resource
Zone requirements would include applicants owning at least 78 square miles (202 square kilometers) , have at least $250 million and plans to invest an additional $1 billion in their zones over 10 years.
https://apnews.com/article/legislature- ... 02e8a0e5f0
Introduced legislation by Democratic governor in Nevada
Innovation Zones to become independent governmental bodies
would allow technology companies to effectively form separate local governments.The zones would permit companies with large areas of land to form governments carrying the same authority as counties, including the ability to impose taxes, form school districts and courts and provide government services.
limited to companies working in specific business areas including blockchain, autonomous technology, the Internet of Things, robotics, artificial intelligence, wireless, biometrics and renewable resource
Zone requirements would include applicants owning at least 78 square miles (202 square kilometers) , have at least $250 million and plans to invest an additional $1 billion in their zones over 10 years.