Leading tech firms in the US have a very interesting and close relationship with the government. Both parties meet together and discuss a number of issues and how their relationship is going side by side.
The American government wants to make sure that no firm becomes powerful to such an extent that they’re doing everything by free will. So check and balances are usually maintained.
Therefore, today when the White House highlighted six different principles that are designed to focus on limiting the potential and reach of these companies, many were not surprised.
A meeting was chaired by the Biden administration who sat down with a number of experts related to the subject in the world of big tech and social media. A strategy was formulated to target key areas that need legislation.
Several members of Biden’s cabinet were included and a few executives arising from companies like Mozilla were also a part of the meeting. But what were the six principles discussed in detail at the meeting all about? We have laid out a brief explanation below.
The first one had to do with promoting competition in the tech industry. A lot of bipartisan support was put out for clear rules that made sure the country’s IT sector does not prohibit new entrants from competing with large sharks and entrepreneurs. And they felt the best way to get this done was through antitrust laws.
Next up, there was a discussion about the least amount of data collection being conducted possible. A number of limits were put out for targeted advertising. A lot of emphases was allocated to bigger firms to incorporate such changes instead of forcing consumers to pass by long lists of terms and conditions as to how their data is getting collected.
This was particularly related to measures of health and their location, where plenty of support was provided by the bipartisan leaders.
Protecting children was next in line were a number of discussions spoke about how safeguarding the wellbeing of the youth would be prioritized over gaining revenue or making profits. Remember, the online market can result in a lot of harm so that’s why the matter was better focused on how to avoid just that.
A little discussion was then made about how there was a huge lacking of transparency from both users and the ends of researchers. A lot of work needs to be done to prevent opaqueness in this regard so people know what’s happening behind closed doors.
The providence of special legal protection of big tech companies would now be removed. So that means Section 230 for the country’s Communication Decency Law would be revisited and improvised. It had previously allowed for safeguarding tech firms from liability whenever they hosted content of illegal means. And last but not least, strong protections would need to be introduced that prevent algorithms from carrying out discrimination against vulnerable members of society.
While this all sounds great on paper, we just feel eliminating algorithms entirely would provide more benefits.
Read next: Apple Goes eSIM Only With iPhone 14, Here’s What That Means for the Industry
The American government wants to make sure that no firm becomes powerful to such an extent that they’re doing everything by free will. So check and balances are usually maintained.
Therefore, today when the White House highlighted six different principles that are designed to focus on limiting the potential and reach of these companies, many were not surprised.
A meeting was chaired by the Biden administration who sat down with a number of experts related to the subject in the world of big tech and social media. A strategy was formulated to target key areas that need legislation.
Several members of Biden’s cabinet were included and a few executives arising from companies like Mozilla were also a part of the meeting. But what were the six principles discussed in detail at the meeting all about? We have laid out a brief explanation below.
The first one had to do with promoting competition in the tech industry. A lot of bipartisan support was put out for clear rules that made sure the country’s IT sector does not prohibit new entrants from competing with large sharks and entrepreneurs. And they felt the best way to get this done was through antitrust laws.
Next up, there was a discussion about the least amount of data collection being conducted possible. A number of limits were put out for targeted advertising. A lot of emphases was allocated to bigger firms to incorporate such changes instead of forcing consumers to pass by long lists of terms and conditions as to how their data is getting collected.
This was particularly related to measures of health and their location, where plenty of support was provided by the bipartisan leaders.
Protecting children was next in line were a number of discussions spoke about how safeguarding the wellbeing of the youth would be prioritized over gaining revenue or making profits. Remember, the online market can result in a lot of harm so that’s why the matter was better focused on how to avoid just that.
A little discussion was then made about how there was a huge lacking of transparency from both users and the ends of researchers. A lot of work needs to be done to prevent opaqueness in this regard so people know what’s happening behind closed doors.
The providence of special legal protection of big tech companies would now be removed. So that means Section 230 for the country’s Communication Decency Law would be revisited and improvised. It had previously allowed for safeguarding tech firms from liability whenever they hosted content of illegal means. And last but not least, strong protections would need to be introduced that prevent algorithms from carrying out discrimination against vulnerable members of society.
While this all sounds great on paper, we just feel eliminating algorithms entirely would provide more benefits.
Read next: Apple Goes eSIM Only With iPhone 14, Here’s What That Means for the Industry
