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Tag: #TechCartel

The Birth of the User-Owned Economy

The Birth of the User-Owned Economy

This past week was Blockchain Week in New York, in tandem with back peddling on the part of the tech cartel. As Quartz noted, “Facebook CEO Mark Zuckerberg, long under fire for “programming people’s brains,” will testify before the European parliament about his company’s use of data. Not long after, transformative new European privacy rules go into effect that will give EU consumers far more visibility into what companies know about them.

“Now, tech CEOs insist they want to be part of the solution. On Tuesday, Facebook-owned Instagram confirmed a feature that will let users track their time spent on the platform. A week earlier, Google CEO Sundar Pichai announced a Digital Wellbeing initiative geared at helping people moderate their use of Google’s products and services by suggesting breaks from YouTube or batching notifications.” Read More...

Beware the Tech Cartel and People Who Speak in Code

Beware the Tech Cartel and People Who Speak in Code

We follow Max Levchin on Twitter. Last week, he posted an interesting series of tweets, based on an Edelman Trust Barometer Report that was released at the World Economic Forum in Davos in January.

For the record, Levchin was co-founder and CTO of Paypal; former Chairman of Yelp; founder/CEO of Slide (acquired by Google and shut down); currently, founder of Affirm, and a long-time WEF attendee. Read More...

Follow the Eyeballs: the Home Invasion Edition

Follow the Eyeballs: the Home Invasion Edition

Today, just a simple heads up/note to self: in case you missed it, Facebook is making a major change to the News Feed that will show you more content from friends and family and less from publishers. CEO Mark Zuckerberg says that, as a result, he expects that people will spend less time on Facebook. And that’s what a CEO wants, after all, right? After years of focusing on increasing the number or eyeballs and user engagement by adding feature after feature and basically minting money, suddenly, Zuck has pivoted and expects that you’ll spend less time on his platform. Nothing to see here, what, eh?

We well know that Facebook is all about eyeballs and recently announced that they’re developing ‘Portal’ gadget which will let it put microphones and cameras in people’s homes. “Rather than positioning the product as a “smart assistant,” Facebook insists that the mission behind Portal is unlike that of other competing tech. True to its mission — “give people the power to build community and bring the world closer together” — Facebook created Portal to reintroduce the positive effects of communication back into our lives (and our homes),” Inc reports. Read More...

The Wizards of Menlo Park

The Wizards of Menlo Park

Whenever we notice a preponderance of attention being paid to one aspect of tech – lately, how the platforms and devices are rewiring our brains and mental states- we assume that that’s where the chorus wants us. We’re always more interested in what they don’t want us to notice.

Much. Read More...

Net Neutrality and Other Tech Oxymorons

Net Neutrality and Other Tech Oxymorons

The Net Neutrality (NN) issue has surfaced again under new FCC commissioner Ajit Pai, who’s threatening to reverse it. The tech cartel, including Google, Facebook and Twitter, have come down strongly against the move, framing it, once again, as control over that so-called last mile being the proverbial ‘us’ versus ‘them’ scenario. Why not? Worked the first time under the less than transparent 332-page regulation that passed in 2015. All things considered, we can’t help but wonder if the real problem is Ajit Pai or agitprop.

Net Neutrality basically mandates that all data on the internet must be treated equally, but that’s misleading. We’ve previously covered how the tech cartel has wrested enormous financial benefits and control over content under the 2015 rules, and given the amount of censorship that they’ve managed to exert since the rules went into effect, it seems that the telcos weren’t necessarily the problem and that NN was not necessarily the solution. Read More...

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