[SpaceManiac]

It's not specifically new technology that's being deliniated by "Moloch". The article is long but explains clearly the (not entirely new) association: Moloch represents the sacrifice of human values on the altar of competitiveness, and is best staved off through coordination.

[GrinningFool]

> Moloch represents the sacrifice of human values on the altar of competitiveness, and is best staved off through coordination.

That reply, while informative, continues with the weighted religious terminology. It may find better reception here couched differently.

[anthuswilliams]

Moloch is, in this case, a reference to a poem by Allen Ginsberg.