MCViewPoint

Opinion from a Libertarian ViewPoint

World must ‘wake up to threat from tech giants’

Posted by M. C. Fox on January 24, 2018

The “Tech Giants” are slow on the draw.

It usually the big guys looking for regulation to keep the little guy down. Regulation is meant to benefit someone. Rarely you or me.

http://www.telegraph.co.uk/business/2018/01/23/worlds-tech-giants-abdicating-responsibility-says-salesforce/

Silicon Valley billionaire Marc Benioff has compared the current crisis of trust facing the tech giants to the financial crisis of a decade ago, urging regulators to wake up to the threat from Google, Facebook, and the other dominant firms.

The outspoken entrepreneur accused some of the industry’s most influential bosses of “abdicating responsibility” and being ignorant to how powerful and sophisticated they had become. Regulators now had “have no choice” but to intervene, he said…

Mr Benioff claimed that some tech giants had become so powerful that their own bosses were unaware of the extent to which their services were being “used nefariously”. (That is a joke , right?-MCViewPoint).

Be seeing you

be seeing you

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