Google, Facebook, Amazon and Twitter should be regulated

Great article.

Al Franken:

Last week’s hearings demonstrated that these companies may not be up to the challenge that they’ve created for themselves. In some instances, it seems that they’ve failed to take commonsense precautions to prevent the spread of propaganda, misinformation, and hate speech. …

… we can’t trust the companies to get it right …

… as has become alarmingly clear in recent months, these companies have unprecedented power to guide Americans’ access to information and potentially shape the future of journalism. It should go without saying that such power comes with great responsibility. …

ProPublica recently revealed that up until two months ago, Facebook allowed advertisers using the company’s self-service ad-buying platform to target more than 2,000 people who expressed interest in the topic of quote “Jew hater” and other antisemitic themes. …

As it stands now, Google and Facebook control 75% of all internet news traffic referrals …

Currently, Amazon controls over 83% of e-book sales, nearly 90% of online print sales, and almost 99% of digital audio sales.

Amazon has since used its unprecedented monopsony power to force publishers to agree to contract terms and conditions that the publishers say have stalled price competition …

… how do we ensure transparency and accountability from them going forward?

We must not let big tech threaten our security, freedoms and democracy

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Rick Mc

Career gymnastics coach who loves the outdoors, and the internet.

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