Big Tech Needs to Be Regulated. Here Are 4 Ways to Curb Disinformation and Protect Our Privacy

[BigmanPigman]

https://time.com/5872868/big-tech-regulated-here-is-4-ways/?amp=true&__twitter_impression=true
BY ROGER MCNAMEE
McNamee has been a Silicon Valley investor for 35 years. His book is Zucked: Waking up to the Facebook Catastrophe.

"Demands from policy makers for change began nearly a decade ago, when the Federal Trade Commission entered into a consent decree with Facebook designed to prevent the platform from sharing user data with third parties without prior consent. As we learned with the Cambridge Analytica scandal, Facebook paid lip service to that consent decree, following a pattern of “apologize, promise to do better, return to business as usual” that persists to this day. Other platforms, especially Google and Twitter, have also resisted calls to change business models partly responsible for the amplification of hate speech, disinformation, and conspiracy theories."

"There are at least four areas that need regulation: safety, privacy, competition, and honesty. Only by coordinating action across all four will policy makers have any hope of reducing the harm from internet platforms."

*Read more about these four areas that need regulation at the link

[elleng]

1. MOST important: Who are the REGULATORS,

assuming decent enabling legislation.