Friday, February 16, 2018

Only the EU can break Facebook and Google's dominance | George Soros | Business | The Guardian

From an extensive George Soros Google/Facebook reality check

"There is a similarity between internet platforms and gambling companies. Casinos have developed techniques to hook customers to the point that they gamble away all of their money, even money they don’t have.

Something similar – and potentially irreversible – is happening to human attention in our digital age. This is not a matter of mere distraction or addiction; social media companies are actually inducing people to surrender their autonomy. And this power to shape people’s attention is increasingly concentrated in the hands of a few companies.

It takes significant effort to assert and defend what John Stuart Mill called the freedom of mind. Once lost, those who grow up in the digital age may have difficulty regaining it."
Only the EU can break Facebook and Google's dominance | George Soros | Business | The Guardian

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