Technology

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How to Fix Big Tech

We all sort of know the problems, right?

Monopolies. Lock-in. Stream addiction. Reality bubbles. Billionaires seeking market dominance. All other values taking a back seat to growth.

I don't think I need to elaborate. If you're reading this, then you're probably well aware of all these concerns.

But what do we do about them?

Here are a couple of ideas. Radical but practical. And very doable.

People are happy to give away their most valuable asset

At present, people are happy to give away their most valuable asset – their personal data – in exchange for free email services and funny cat videos. It's a bit like African and Native American tribes who unwittingly sold entire countries to European imperialists in exchange for colorful beads and cheap trinkets.

Regulating the ownership of data

So we had better call upon our lawyers, politicians, philosophers, and even poets to turn their attention to this conundrum: how do you regulate the ownership of data? This may well be the most important political question of our era. If we cannot answer this question soon, our sociopolitical system might collapse.