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by oyra 2202 days ago
'Tech Giants'? Did they mean facebook, twitter, google? I guess.. We should stop calling them 'Tech'. If they were once, not any more. Those are giant advertisement companies, generating most if not all of their revenue from advertisement. No one would call big investment banks 'Tech Giants' event though they produce one of the most sophisticated software. Google departed from being a Tech company when their former CEO reached out to the election campaign manager of a certain political party and offered their 'influential power' to them. Facebook never was a tech company. Those managed to accumulate huge amount of money and use it to attract very talented people. However, these talents put to work to extract data from 'the users' (young zuckerberg named them very well once) and sell it to a highest bidder, literally. It is very much the same as those mentioned above investment banks attract most of the talents from physics and math to work on investment algorithms. Clear definition would help to understand the motivation of advertisement companies to remove a post, block a video or a user, to sensor one opinion or the other, to offer their platforms to political campaign.