Jump to content

Some Bllionaires don't Like Google

Recommended Posts

@Delano, thanks for sharing this article man!  How did you discover this article?


These guys completely understand what is at stake. I wish this message reached the masses.


As these huge companies have come to dominate the Internet, “they have caused a variety of problems of which we are only now beginning to become aware,” he explained. Echoing something Rupert Murdoch said last week, he identified one of these problems as the tech giants’ failure to pay for the content on their platforms. “They claim they are merely distributing information. But the fact that they are near-monopoly distributors makes them public utilities, and should subject them to more stringent regulations, aimed at preserving competition, innovation, and fair and open universal access.”


In economic terms, Soros suggested, the tech giants were making excessive profits and stifling innovation. And their behavior was also causing larger social and political problems. Social-media companies “deliberately engineer addiction to the services they provide,” he noted. “This can be very harmful, particularly for adolescents.” In this sense, tech companies were similar to casinos that “have developed techniques to hook gamblers to the point where they gamble away all their money, even money they don’t have.”


It wasn’t merely a matter of “distraction” or “addiction,” Soros went on. Social-media companies “are inducing people to give up their autonomy. . . . It takes a real effort to assert and defend what John Stuart Mill called ‘the freedom of mind.’ There is a possibility that, once lost, people who grow up in the digital age will have difficulty in regaining it. This may have far-reaching political consequences. People without the freedom of mind can be easily manipulated.”



  • Thanks 1
Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...