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Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Released Wednesday, 10th February 2021
 1 person rated this episode
Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Ep. 334 BACKLASH Against Big Tech as NATIONALISTS Around the World Take Over INTERNET!!!

Wednesday, 10th February 2021
 1 person rated this episode
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Highlights:  

  • “Collectively, the Big Tech Oligarchs lost over 51 billion dollars from their market caps in the immediate aftermath of their decision to ban President Trump. And this drop in market valuation actually mirrors the drop in public opinion toward Big Tech.” 
  • “Now that public opinion of Big Tech is souring, politicians are gonna come in and begin cracking down on Big Tech with the support of public opinion. And that’s what we’re seeing emerged all over the world in what some are calling a nationalist takeover of the internet.”
  • “A number of pundits are recognizing that the internet is slowly but surely transforming into a cyberspace reconfigured around nationalist sentiments. Or as one scholar puts it, it appears inevitable that the global internet is being replaced by 200 nationally controlled separate internets.”
  • “Google right now is just getting hammered with lawsuits and that looks to be just the beginning.”

Timestamps:      

  • [01:35] The backlash Twitter got from suspending President Trump’s account
  • [03:23] On the effects of the backlash on Twitter and Facebook’s share price 
  • [04:10] The drop in public’s opinion on the positive effect of Big Tech and how governments are fighting back against them
  • [05:05] How the internet is slowly transforming in regards to nationalist sentiments 
  • [07:00] Silicon Valley’s propensity to threaten the national sovereignty of more and more nations
  • [09:33] How Big Tech is getting sued big time 

Resources: 

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