OPINION: 2022 was the year Big Tech died. 2023 will be the year of Small Tech
The kidnapping survivor and child safety activist is partnering with Portland-based tech company Q5id to launch the "Guardian" app nationwide.2022 could be the year historians declare the death of Big Tech. If so, 2023 should be the year of ‘Small Tech’, where innovation, agility and value creation return to our economy through an open, competitive environment with new, fragmented players.
But the real problem isn’t its size, or even its power. The real problem is what Big Tech uses its size and power for, and its effects on our economy and democracy.The world’s best coders will be watching the mass layoffs underway in Silicon Valley and realizing that security and earnings are not guaranteed by Big Tech.
But they don’t need to be broken up by the over-reach of regulators. They are already being broken up by creative destruction of the markets.
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