How to Take On the Tech Barons
NYT OpEd Summary
Note: This is a summary of OpEd article with the same title (https://www.nytimes.com/2020/10/30/opinion/tech-companies-data.html)published in NYT on Oct 30,2020. I highly recommend you to go through the original full piece too. This is just a short summary of that. The article mainly talks about U.S. but similar issues exist worldwide and hence the ideas can be projected to other countries too.
This piece discusses about the issue of Big Tech companies becoming too big. It is not surprising and hidden that over the past few months although a lot of people worldwide were losing their jobs, the stock of tech companies boomed. This has enriched the Silicon Valley even more. While even big retailers like J.C. Penny and J. Crew went bankrupt, Amazon made record profits. Movie theaters struggled, while Netflix added millions of new customers. Facebook and Google also made millions in advertising when homebound individuals gawked their screens more than ever before. Although it has surely helped soften the blow of living at home for months but the issue of ever increasing data collection still looms over our heads. For the winner of next election in America it hence becomes a really important issue. He (/she, if Kamala Harris has to ever take the role) has to overcome the long-existing broadband gap, issue of online privacy protection, rollout of 5G. The…
