Democrats and Republicans may be great enemies (or not, actually), but now they’re coming together for a bi-partisan proposal that outlines the need for a new federal Big Tech regulator to be created.
Senators Elizabeth Warren and Lindsey Graham want to enforce this new regulator with a wide range of powers, such as issuing operating licenses to tech giants . These licenses will be revoked in case a company does not obey the regulator’s rules repeatedly.piece co-written by Warren and Graham, in which they outline their proposition and while acknowledging that tech has been of great help to humanity they say it also has “a dark side”.
The authors of the bi-partisan proposal explicitly say one of the Big Tech names that would be aimed by this new federal regulator: Apple. “Apple forces entrepreneurs to pay crushing commissions to use its App Store. A few Big Tech companies stifle all competition before it poses any serious threat”, say Warren and Graham.The bi-partisan proposition sounds one hundred percent like a thunderous political statement, and likewise, it’s not something to place your trust in.
Enough is enough. It’s time to rein in Big Tech. And we can’t do it with a law that only nibbles around the edges of the problem. Piecemeal efforts to stop abusive and dangerous practices have failed. Congress is too slow, it lacks the tech expertise, and the army of Big Tech lobbyists can pick off individual efforts easier than shooting fish in a barrel. Meaningful change — the change worth engaging every member of Congress to fight for — is structural. [...
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