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Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

mattstoller.substack.com

11–20 of 595 posts

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#11
post #3

I can understand them going after Ag and Pharma in a big way, but I'm skeptical about the Tech part. There is just too much to lose in political support from that industry for any politician to attack them too aggressively.

Even in 2019, 2/3 of Americans supported breaking up big tech companies: https://www.vox.com/policy-and-politics/2019/9/18/20870938/b...

The political support is definitely there. But if you’re talking about rich Silicon Valley donors, yeah they might have a problem with it.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#12
post #5

Finally, they've started attacking big tech on the privacy front. The whole "monopoly" and "anti-trust" thing was going nowhere. But privacy orders like this are a step in the right direction. And to put the nail in big tech's coffin, congress should pass a law forbidding the sharing of any personal information on any resident of the US for any commercial reason whatsoever. With draconian penalties assessed per user…

And how do you feel about sharing the collected data of your conversations and travel with government agencies?

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#13

Earlier quoted context omitted.

Is buying a son’s painting considered a donation or not?

Elaborate? Out of the loop

It's a game of "Spot the Fox News viewer". If you're a fan, you believe the largest ethical quandary facing the nation in the last quarter-century is that a person related to the President of the United States is selling a painting in an anonymous auction.

https://www.foxnews.com/politics/obama-ethics-chief-hunter-b...

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#14
post #3

I can understand them going after Ag and Pharma in a big way, but I'm skeptical about the Tech part. There is just too much to lose in political support from that industry for any politician to attack them too aggressively.

I think for tech, the forks/knifes are out from both parties, for different reasons. As for the other industries, I am much more skeptical anything significant will be done.

This administration as pushed lots of 'agendas' just for political show even though it new it had 0 chance for them to pass and wasting everybody's time.

Time will tell if this is just another political show, or they will actually accomplish anything.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#15
post #8
post #5

Finally, they've started attacking big tech on the privacy front. The whole "monopoly" and "anti-trust" thing was going nowhere. But privacy orders like this are a step in the right direction. And to put the nail in big tech's coffin, congress should pass a law forbidding the sharing of any personal information on any resident of the US for any commercial reason whatsoever. With draconian penalties assessed per user…

> With draconian penalties assessed per user infraction. You mean like chopping off a limb/finger for every violation? Unfortunately, that won't work for a certain lizardman CEO who is purported to be able to regrow limbs.

I was thinking more along the lines of heavy fines.

I'm not a big supporter of violence against pharma, tech, and Ag CEOs. I'm not a big supporter of violence against anyone where massive fines will serve the same purpose. In fact, the fines would work better.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#16

> hospital price transparency, Wasn't this already put in place by the previous administration?

It was, but apparently we’re not there yet in terms of compliance: https://www.axios.com/hospitals-price-transparency-costs-reg...

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#17
post #5

Finally, they've started attacking big tech on the privacy front. The whole "monopoly" and "anti-trust" thing was going nowhere. But privacy orders like this are a step in the right direction. And to put the nail in big tech's coffin, congress should pass a law forbidding the sharing of any personal information on any resident of the US for any commercial reason whatsoever. With draconian penalties assessed per user…

After all, now that the NSA has all their spy networks set up they don’t need the tech companies to do the spying anymore. Time to crack down.

Makes me think of an abusive relationship where the abuser is very jealous and protective of the abused.

“If anyone spies on my citizens, it’s gonna be me!”

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#18
post #3

I can understand them going after Ag and Pharma in a big way, but I'm skeptical about the Tech part. There is just too much to lose in political support from that industry for any politician to attack them too aggressively.

Isn't that exactly the reason they should be attacked?

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#19
post #3

I can understand them going after Ag and Pharma in a big way, but I'm skeptical about the Tech part. There is just too much to lose in political support from that industry for any politician to attack them too aggressively.

I hope it’s real. We need modern anti trust laws, big tech is out of control. You’re right though.. sadly. Most importantly, we need to get money out of politics to free our government from the grips of these corporate conglomerates.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#20
post #5

Finally, they've started attacking big tech on the privacy front. The whole "monopoly" and "anti-trust" thing was going nowhere. But privacy orders like this are a step in the right direction. And to put the nail in big tech's coffin, congress should pass a law forbidding the sharing of any personal information on any resident of the US for any commercial reason whatsoever. With draconian penalties assessed per user…

> And to put the nail in big tech's coffin, congress should pass a law forbidding the sharing of any personal information on any resident of the US for any commercial reason whatsoever.

At this point, a huge number (majority?) of Facebook et al users know what Facebook are doing. They value their own data less than Facebook do and are happy to trade it in return for free social media service. You may not like it, but free people should be able to engage in a transaction if it’s not infringing on other peoples’ rights.

I’m not sure why you would know what’s better for them than they would.

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