Software is integral to the US economy. BSA companies invest heavily in R&D, create intellectual property, and offer products and services to businesses of all sizes across the entire economy. The software industry supports 14.4 million jobs, adds $1.6 trillion to the US GDP annually, and invested $82.7 billion in research and development in 2018. Smart, modern policies that prioritize trust are key to continuing this growth – in the software industry and in all the industries that rely on software to succeed.
BSA companies support lasting solutions to public policy issues that arise as technology advances. There are understandable concerns such as how to achieve strong data privacy and security, how AI will be used, and how everyone can have access to high-paying technology jobs. These challenges have policy solutions and BSA companies believe they need to be met head on. It’s important for business, government, and other stakeholders to work together to modernize our laws and regulations.
BSA looks forward to working with Congress and the administration on policy issues that impact the software sector. With that goal in mind, our 2020 Policy Agenda lays out seven core areas where we hope to see progress.
To read our full 2020 US Policy Agenda, click here.
