Big Tech: The New Predatory Capitalism
“‘What has the greatest collection of humanity and IQ and financial capital been brought together to accomplish?’ Galloway asked the crowd. ‘To save world hunger? To create greater comity of man? I don’t think so. … Their singular mission, simply put, it’s to sell another fucking Nissan.’ […]
“After an unconscionable period of naïve neglect, in which the public was dazzled by tech wizardry, Americans of all stripes have recognized that allowing Silicon Valley to take this much control was dangerous. Polls show the public still likes tech platforms but doesn’t trust them. Conservatives think Big Tech stifles their voices; liberals think Big Tech hobbled our competitive economy; both think they’ve abused power, and both are right. Politics has grown interested in monopolies, and particularly tech monopolies, for the first time in decades.”
The tech giants are menacing democracy, privacy, and competition. Can they be housebroken?
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