[ April 26, 2024 ]
They aren’t like surveillance states, they are surveillance states. How much worse will it get?
Facebook, together with Alphabet’s Google, accounts for around two fifths of internet advertising, which is forecast to grow by 13 percent to $205 billion this year – overtaking television as the biggest channel for companies to pitch their wares to consumers. There is no stopping them.
That is frightening. More money, more control, more censorship. Never in modern history has so much power been in the hands of so few. President Trump and/or Congress needs to hold hearings on this concentration of power and, by way of anti-trust laws or legislation, break up this cartel of social media power in the information battle-space.
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Former Facebook executive says Google, Facebook are ‘surveillance states’ and risk more regulation
Social Capital CEO Chamath Palihapitiya says Facebook and Google are like “surveillance states” and are inviting a government crackdown.
The former Facebook executive is bullish on Amazon, and thinks it will have a longer runway before the government tries to intervene.
September 14, 2017, Anita Balakrishnan, CNBC:
Even though he was once an executive at Facebook, Chamath Palihapitiya, CEO of Social Capital Hedosophia Holdings, favors investing in Amazon instead, he told CNBC’s “Fast Money: Halftime Report” on Thursday.
President Donald Trump has been a critic of Amazon, tweeting his disdain for coverage from The Washington Post, which is a personal holding of Amazon CEO Jeff Bezos. But Palihapitiya said he thinks that Facebook and Google face more regulatory risk, given the many retailers that compete with Amazon.
“Amazon is a microscopic portion of global consumption today, so ultimately I think it has more room to grow before it invites regulatory overview,” Palihapitiya said. “On the other hand, Facebook and Google effectively are surveillance states. And they have so much personal, private information about so many citizens of so many countries.”
Google has already had a tussle with regulators in Europe, after the company was slapped with a record fine in one investigation.
“It’s already beginning,” Palihapitiya said. “Because it’s part and parcel to them realizing that there’s too much power unbounded.”
Palihapitiya noted that many big technology companies have seen their stocks soar, making it tempting to take gains. Palihapitiya’s holding company, which also includes former Twitter executive Adam Bain, hit the public markets Thursday.
But Palihapitiya said he thinks investors should reframe the way they think about the long-term trajectories of the companies.
For instance, Amazon is competing against Wal-Mart, which has acquired e-commerce companies like Jet.com and Bonobos. But with tools like Alexa, robots and cloud, Amazon’s technology could lead it to victory over “laggard competitors,” Palihapitiya said.
“It is competing against fundamentally impaired companies, including Wal-Mart, quite honestly,” Palihapitiya said. “That don’t have the technical savvy, they don’t have the capabilities, specialty retailers, an entire overhang of cost structure that [Amazon doesn’t] have to deal with.”
Facebook, Google and Wal-Mart did not immediately respond to a request for comment.
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20 Comments
6 years ago
Hopefully they will be smarter than the govt. All they have to do is piss off one wise guy about some personal information and Larry and Sergey will wish they never bought all those servers.
6 years ago
Reply to
lorenpiller
see my comment. they arent wiser then the government. nsa is wired directly into facebook. even have an office in their primary data center…….
6 years ago
ive said many times, nsa is wired directly into facebook, in the altoona iowa data center of facebook’s. its on an internet backbone line, routed to the nsa data center in utah… every single message, post, comment, ip address, etc of every single person is recorded and added to your dossier by the us government……
completely illegal of course, but that is what Mueller’s job was, to expand the spying on american’s under obama…….
6 years ago
Reply to
Drew
Agree. GOOGLE to target criticism of Islam in new anti-First Amendment censorship purge
http://tinyurl.com/lgp28rs
6 years ago
Reply to
Suresh
Ah man, that’s even deeper… why to democrats/progressive support muslim brotherhood? because modern liberalism/progressivism in the west comes from nazism, directly. Here’s video of Waffen SS divisions, praying. IE Muslim Brotherhood, hitler helped created them. al qaeda, isis, hamas, boko haram, CAIR… all muslim brotherhood. https://www.facebook.com/202221000183967/videos/vb.202221000183967/283157968756936/?type=3&theater
And history lesson:
H.G. Wells was of the greatest influences on the progressive mind in the twentieth century (and, it turns out, the inspiration for Huxley’s Brave New World). Wells didn’t coin the phrase as an indictment, but as a badge of honor. Progressives must become “liberal fascists” and “enlightened Nazis,” he told the Young Liberals at Oxford in a speech in July 1932.
This is why the fake liberals of today call themselves “liberal”. They hijacked the word after progressive was tainted with Hitler, Eugenics, population control, economic fascism, etc.
“The “progressives” who today masquerade as “liberals” may rant against “fascism”; yet it is their policy that paves the way for Hitlerism.” said classical liberal Ludwig von Mises 1940
In a laudatory review of Roosevelt’s 1933 book Looking Forward, Mussolini wrote, “Reminiscent of Fascism is the principle that the state no longer leaves the economy to its own devices.… Without question, the mood accompanying this sea change resembles that of Fascism.
The foundation of fascism in part came from the progressive movement especially economically. The racism is better termed as Hitlerism because national socialism and fascism is a system. Antisemitism etc is the Hitlerism part. Its both known to be the third way.They are all very hostile to individualism, especially in the field of economics. Fascism is socialism with a capitalist veneer. Hence private property is in name only. Do not confuse classical liberalism with what passes as “liberalism” today.
Where socialism sought totalitarian control of a society’s economic processes through direct state operation of the means of production, fascism sought that control indirectly, through domination of nominally private owners. Where socialism nationalized property explicitly, fascism did so implicitly, by requiring owners to use their property in the “national interest”—that is, as the autocratic authority conceived it. (Nevertheless, a few industries were operated by the state.) Where socialism abolished all market relations outright, fascism left the appearance of market relations while planning all economic activities. Where socialism abolished money and prices, fascism controlled the monetary system and set all prices and wages politically. In doing all this, fascism denatured the marketplace. Entrepreneurship was abolished. State ministries, rather than consumers, determined what was produced and under what conditions.
http://en.wikipedia.org/wiki/Fascism
http://en.wikipedia.org/wiki/Totalitarianism
Fascists seek to unify their nation through a totalitarian state that promotes the mass mobilization of the national community.
Progressivism, “to transfer wealth and power to the state” Karl Marx
Social Progressivism, “it is about regulating (controlling) the population” Stalin
Regulate: Control or supervise (something, esp. a company or business activity) by means of rules and regulations.
Totalitarianism: A political system in which the state holds total authority over the society and seeks to control all aspects of public and private life whenever necessary
Slavery, “a condition compared to that of a slave in respect of exhausting labor or restricted freedom.”
National Socialism, also called Fascism and Progressivism.
6 years ago
Reply to
Suresh
First Amendment?
They will change it
They’ll change the wording of the First Amendment into “Moslems Must Be Protect At All Costs”
6 years ago
Reply to
Kalambong Kalambong
Goodbye To The First Amendment
https://www.youtube.com/watch?v=ozfaLzjjZyE
6 years ago
Reply to
Drew
If Trump can defeat the deep state, with the help of the American people, maybe he can put a stop to such spying by the government on its own people. I pray Trump continues to be victorious against them and does not allow himself to be isolated like McMasters and others at the White House seem to be trying to do.
6 years ago
There might be competition in the wind from the blockchain industry. Social P2P networking that cannot be censored.
Here is one that has plans to knock Facebook off its perch. I don’t enough to know if it’s pie in the sky, or doable. Time will tell.
6 years ago
Pamela,
More censorship: An anti-pisslam quote by Sir Winston Churchill on Wikipedia is being questioned – I would not be surprised if it is removed, so if you’d like to keep a copy, you might want to save it somewhere before it disappears at the hands of the liberal thought police.
Here’s the quote:
https://en.wikipedia.org/wiki/The_River_War#1899_unabridged.2C_two-volume_edition
Here’s the “talk” page about that quote where some appear to want it removed:
6 years ago
Reply to
1984 - The Horror!
I read the whole page. Fascinating glimpse into history! Thanks for posting that.
6 years ago
The only way to resist this invasion of privacy is to make sure you visit websites that you have no intent in at all, that is collected and despite filtering, if enough people do it, will skew the data making it useless.
6 years ago
Switch your search engine to Bing. I doubt you’d notice the difference.
6 years ago
6 years ago
I agree 100%, such concentration of power should be broken up or severely limited in some way. Anti-Trust laws do apply.
