As we enter the 21st century, technology is becoming increasingly pervasive. Communications, medicine, biotechnology, synthetics, robotics, composite materials, pharmaceuticals, energy sources, and transportation are just a few of the fields that technology is changing. These changes will have an enormous impact on our lives. New cutting-edge technologies present challenges to our society. Reliable and familiar processes are often replaced by more complex systems, procedures, techniques, and equipment that have the potential to cause repercussions on a scale much larger than the technology itself.
New markets open daily and established markets change or die.
Workers are often displaced. Employees with different skills are needed. Understanding the proper roles of industry, and local, state, and federal governments in relationship to these changes is a primary objective of the Potomac Institute for Policy Studies. As the logo suggests, the Institute's work reflects the summation of technology's effects on business and government. Dedicated to fierce objectivity and independence, policy implementation is our goal.