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Old 06-12-2019, 10:40 AM  
scho63 scho63 is offline
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The Government vs BigTech-it's coming

There is no doubt that after years of percolating and little jabs with heavy fines from the EU, the US Feds and many states are fed up with the overwhelming power and control the biggest tech companies have over US citizens. They also mention the abusive data practices and privacy issues that are worsening despite the warnings given to them from Congress.

Facebook falls following report that Zuckerberg emails link him to controversial privacy practices

https://www.cnbc.com/2019/06/12/face...rg-emails.html

While I am a capitalist and want government out of the way, there appear to be near monopolistic practices and abuse occurring at the top 5 or 6 companies.

Not sure how this will eventually end but it will always result in the government "stealing" money from them in fines but really doing little else.

What say you?
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Old 06-12-2019, 11:10 AM   #2
HonestChieffan HonestChieffan is online now
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I find it an interesting discussion but don't share in the belief that somehow big is bad. Big or small can be bad if the consumer of these services is somehow being wronged. And that a breakup will address that wrong or lead to better or improved services or products.

Most of the time the pro breakup folks just spout one liners like Elizabeth Warren and try to demonize whoever bigness is the target of the day.
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Old 06-12-2019, 11:18 AM   #3
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Tech should be busted up ASAP using antitrust laws.
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Old 06-12-2019, 11:20 AM   #4
Shaid Shaid is offline
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Big isn't necessarily bad but too big tends to tilt towards bad. When you are too big, you can exert a ton of control on things to give yourself unfair advantages, which inevitably screws consumers.
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Old 06-12-2019, 11:22 AM   #5
HonestChieffan HonestChieffan is online now
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Quote:
Originally Posted by Shaid View Post
Big isn't necessarily bad but too big tends to tilt towards bad. When you are too big, you can exert a ton of control on things to give yourself unfair advantages, which inevitably screws consumers.

Therein lies the issue....the assumption someone is being wronged. That needs a lot of fleshing out with proof not just election year chest pounding by the congress. Real evidence of consumers being hurt has to be shown
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Old 06-12-2019, 01:46 PM   #6
BucEyedPea BucEyedPea is offline
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This is a case where big does happen to be bad and causing harm, because of their manipulation of algorithms to effect information that can effect elections by only seeing what big media wants us to know, spying on Americans, privacy violations, and they are flaunting current laws when they act as publishers but get legal benefits by claiming otherwise which is fraud. Besides the fact many of them are in bed with the Chinese govt, and were started with govt seed money. If they want to be free, then they shouldn't have accepted taxpayer money.
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Old 06-12-2019, 01:48 PM   #7
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Quote:
Originally Posted by Shaid View Post
Big isn't necessarily bad but too big tends to tilt towards bad. .

via GIPHY

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