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BBCNEWS HARDtalk June 4, 2024 04:47:00

And, of course, still has massive economic problems to go alongside that but it has come to symbolise, and particularly california as a whole, has come to symbolise the success of american big tech. but do you appreciate that right now, there is a growing public scepticism about big tech, and about the impacts it is having on society here in america, but around the world? yeah, and i will tell you, for the first time in my career, i am seeing the scepticism and the concern about the aggregation and the monopoly effects that are being realised in the technology markets being heralded notjust by the majority, but also by the minority in the tech world. and we re seeing it from everywhere. you re saying because you re very wired into the tech sector, you have a big network here you re saying that even within the network, ....

Big Tech Economy , Public Scepticism , Around The World , Technology Markets , Monopoly Effects , Kind Of , Agri Tech Sector , Tech World , The Majority ,

BBCNEWS HARDtalk June 4, 2024 00:51:00

And access to information, but also enabling them to earn a livelihood that they wouldn t have otherwise been able to earn. well, we. yeah, at the same time, the aggregation of content, by the way, just to say something about this point, has always been a problem in media, and there have always been significant holders, whether it s news corp or i know bbc is a public service, which is tremendous, the quality of that but many of the public services have not reached the same quality of the bbc, and the winners in the market have always aggregated into monopoly powers. before we end, i want to get a little bit personal, because again, we re sitting down in this place where there are a very few unimaginably wealthy people, and you re one of them. do you think with that tech wealth comes a clear responsibility to do things for the public good? there are two personalities within that cohort. and i know the personalities, and i know the cohort. the first personality is, i am going to be ....

Hasn T , Bbc News , Public Service , Monopoly Powers , News Corp , Tech Wealth , Public Good ,

BBCNEWS HARDtalk June 4, 2024 04:47:00

Has become so prosperous and, of course, still has massive economic problems to go alongside that but it has come to symbolise, and particularly california as a whole, has come to symbolise the success of american big tech. but do you appreciate that right now, there is a growing public scepticism about big tech, and about the impacts it is having on society here in america, but around the world? yeah, and i will tell you, for the first time in my career, i am seeing the scepticism and the concern about the aggregation and the monopoly effects that are being realised in the technology markets being heralded notjust by the majority, but also by the minority in the tech world. and we re seeing it from everywhere. you re saying because you re very wired into the tech sector, you have a big network here you re saying that ....

Big Tech Economy , Public Scepticism , Around The World , Technology Markets , Monopoly Effects , Agri Tech Sector , Tech World , The Majority ,

BBCNEWS HARDtalk June 4, 2024 00:47:00

In my career, i am seeing the scepticism and the concern about the aggregation and the monopoly effects that are being realised in the technology markets being heralded notjust by the majority, but also by the minority in the tech world. and we re seeing it from everywhere. you re saying because you re very wired into the tech sector, you have a big network here you re saying that even within the network, there is a concern about, for example, elon musk, who s bought san francisco s very own twitter. he has gone in there, he has slashed jobs. he said that he wants to completely change the way that the site is moderated, the way verification works. i mean, this in a way, has become a symbol of the way power vested in one extraordinarily wealthy individual can have impacts around the world. does it worry you? ....

Technology Markets , Tech World , Monopoly Effects , The Majority , Chemical Engineering , Elon Musk , Kind Of , Agri Tech Sector , San Francisco , Verification Works ,

BBCNEWS HARDtalk June 4, 2024 04:51:00

I will say. ..in the last couple of years since covid, shopify saw the number of stores increase by something like from a million to 3.5 million stores. these are small businesses that otherwise didn t have the ability to earn a living. individuals operating primarily in the united states, but really, now around the world that can now create a commerce, that can create a business that they couldn t otherwise have afforded to do. we re seeing people find new found careers by being content creators on the internet. there s a whole long list of benefits that are accruing to the individual that are enabling both new content and access to information, but also enabling them to earn a livelihood that they wouldn t have otherwise been able to earn. well, we. yeah, at the same time, the aggregation of content, by the way, just to say something about this point, has always been a problem in media, and there have always been significant holders, whether it s news corp or i know bbc is a public ....

Shopify Saw , A Million , 3 5 Million , Hasn T , Bbc News , Public Service , News Corp ,