Tech has been propping the economy up for awhile and it's based on growth projections.

Plz explain?

We have had net neutrality for years

But as GDPR comes into effect, stuff like AI becomes difficult or impossible.

The economy is still fine

Simultaneously, people start abandoning and losing faith int he companies and they start looking less like a growth sector and more like and established and stagnant market.

This causes the values of these companies to tank, and it takes everything else out too.

Likely via the banks.

Are you talking about tech companies or telecommunications companies?

You have to understand, privacy is kryptonite to Google and Facebook.

The Silicon Valley companies in general, but mostly the big ones involved in stuff like advertising.

They've been overvalued for awhile.

they will simply buy people's privacy i think

start paying ppl for information

They already do.

and people will sign up in droves

They pay you with a service.

By any means, that's money out of their coffers. Which hurts their valuation.

they're almost too big to fail really.. for every service that takes a hit, they will develop new services

When the banks don't make return on investment, they become more careful and it slows growth elsewhere.

they have unlimited resources

I agree. I'm not saying they die.

I'm saying they experience a hit to the stock price and it takes out the economy at large.

Exactly what's meant by too big to fail.

what i hate most is the centralised bias control these company have, and everyone still uses them

But like, Tim had that article about how FB lost half it's young users. That's going to *sting*

I think that's the general feeling around here.

They're not neutral platforms.

reddit, twitter, etc banning everyone left and right they disagree with

I actually have bigger worries with respect to Tech.

AI?

We haven't even seen the tip of the iceberg on the kind of control that's possible.

Most companies like Facebook own multiple social media platforms

They were never good sites in the first place though

Also the primary concern should be data gathering and search engine type shit tbh. There be some ops going on rn

@Cody Yes, and this is something people don't realize. They talk about getting off YouTube for InstagramTV...but that's just Facebook.

@Beemann It's far more insidious. What kind of control do you think the Google App Store is capable of? We've already seen what they did to Gab.

And Infowars.

190 death threats at Trump on twitter right now, not being taken down, no one banned

I dont use the app store

@Timcast we dont need more regulation for free speech. Companies allready cant curate and publish illegal stuff without being accountable allready - its just not enforced. As soon as you curate, you are responsible for everything the moment it happens, deleting it 30 seconds later doesnt save you