Big Tech has been in the news a lot over the last decade. Initially, the coverage focused on the new possibilities that were created around communication and information sharing and the benefits that these would bring. New tech networks offered unprecedented tools, offering everything from reuniting families separated by emigration to assisting in the overthrow of autocratic regimes and restoring power to the people.
Next, we heard about the tremendous value Big Tech was creating, bringing billions of dollars to founders and workers, as well as the pension funds that invested in them. We knew they were a force for good in the world, not least because they never missed an opportunity to tell us this fact.
The sentiment toward Big tech changed near the end of 2016, fuelled by an unexpected result in the United States presidential election. Big Tech platforms were no longer tools to promote individuality and self-expression; they had swiftly become enablers of hatred and lies. Seemingly overnight, these companies went from darlings to pariahs, from bastions of free speech to being weaponized by malicious interests and rogue states to sway elections, planting falseTitle: Social media giants must decentralize the internet… Now!
Sourced From: cointelegraph.com/news/social-media-giants-must-decentralize-the-internet-now
Published Date: Sat, 13 Feb 2021 16:47:00 +0000
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