Technology is changing our world and our economy. Major disruptors like Uber and Airbnb are already fueling changes in development, but more change is coming. The driverless car and new public transit models will promise even more changes—and developers need to adjust future developments to accommodate these new needs. But, that is easier said than done. Government regulation is slow to change, and it may even imped adoption of new technologies. Emile Haddad, the new chairman of the USC Lusk Center and CEO of development firm FivePoints, has named the government's lack of response to changing technologies as one of the major issues that we face today, but one that almost no one is discussing. We sat down with Haddad to discuss the need for changing regulations and where that change should come from.

GlobeSt.com: Why do you think regulatory issues aren't being discussed, and why did you feel it was important to shine a light on them?

Emile Haddad: I believe that the disruption that we are seeing today is happening so quickly that it is going to require regulation and government to be moving at the same speed if we are going to see implementation of new technology. I do not believe that the codes and regulation and politics is going to move as fast, and my fear is that we are going to find ourselves seeing this new technology being proven out in places like China and Dubai before we see it here. I wanted to take the spotlight from Millennials and Generation Z and out the spotlight on the potential obstacles that might prevent us from getting to that place, which is regulation. Today, I don't see the codes changing on parking, yet we are talking about a point in time in the coming decades where we might not need parking or need as much parking. We are still using obsolete traffic models that were developed 25 years ago, while at the same time, we are talking about driverless cars. I really want to make sure that we have awareness and we are thinking ahead about what to do to make sure that we are going to end up with two hands to clap.