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To the Point

The big dangers of Big Tech: Is it too late for regulation?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 2 May 2019

⏱️ 57 minutes

🧾️ Download transcript

Summary

Big Tech is a benefit to the modern world. But unlimited data collection may lead to unlimited power. The cost already includes invasion of privacy, political manipulation, terrorism and possible tyranny. Can Amazon, Google, Facebook and Apple be brought under control?

Transcript

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0:00.0

Big Tech is an unparalleled blessing of modern life, until it isn't.

0:10.4

It gave Russia a voice in America's last presidential election.

0:14.2

It's made political propaganda commonplace in many disguises.

0:18.4

It allows terrorist groups to spread hatred and inspire killings.

0:22.7

It is collecting so much private information that advertisers can offer products or customers

0:27.8

never thought of before.

0:29.8

Mark Zuckerberg, the CEO and founder of Facebook famously apologized to Congress.

0:35.3

We didn't take a broad enough view of our responsibility, and that was a big mistake.

0:40.3

And it was my mistake. And I'm sorry.

0:43.3

Even Tim Cook, CEO of Apple, says there's a need for government regulation.

0:48.3

Democratic candidates for president want to break up his firm, the first publicly traded company,

0:53.3

to reach $1 trillion.

0:55.6

But does the government have the authority or the financial and political power?

1:00.8

Will big tech ever be willing to police itself?

1:04.1

Siva Vadilla Nathan is a professor of media studies at the University of Virginia.

1:09.2

He's author of a book called Facebook Anti-Social Media.

1:13.1

Professor, thanks for being with us.

1:14.9

Oh, it's my pleasure. Thank you for having me here.

1:17.2

All right. What should we be worried about the most?

1:20.2

The important thing to remember when you think of something as diffuse as big tech is we are really only talking about three companies that have global reach.

1:31.4

They all three do different things and they do it in different ways.

1:36.4

And between Facebook and Google, we're talking about a really dangerous domination over what we see, what we read, what we think,

...

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