If you want to understand the complexity of new technology dynamics, and the drivers that propel these technologies to outpace our capacity to design ethical controls, look no further than the recent movements in private equity allocations. On the surface, private equity is a large sub-sector of financial services that deals with taking investment positions, including both equity and debt, in privately held companies. PE strategies involve companies that are growing and those that are failing (PE shareholders then turn into activist investors); companies that will prosper into the future on their own accord, where PE acts like a VC,…