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Technology Controls Information & Profit from individual data

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Technology
The Internet is a major arena for profit.

The new masters of the world “Technology priests” control information and profit from individual data. The Internet became a major arena for profit, dominated by the priesthood of a new type has a sedentary and its people.

The Technology Controls Information and Profit

It controls our social and political life, which affects our attitudes and desires. As well as, by monitoring the personal data of users available on social networking sites and search engines

Facebook and Google lead the new capitalist trend

Facebook and Google are perhaps the most popular companies and sites that:

  1. Enjoyed an unprecedented demand among users around the world.
  2. Made great strides in this new capitalist trend.
  3. As Google and Facebook dominate our social and political lives and profit from personal information

The rise of surveillance capital has an international dimension

The technology and Internet industry

  1. The US companies have long dominated the technology and Internet industry, which raises suspicions and opposition in other countries.
  2. As well as the frantic competition between the United States and China.
  3. Finally, This inevitably leads to a “technological divorce” between them and tightening mutual control.

Congress wants to limit the use of personal data

  • Americans are nervous about the personal information stored in the hands of hostile foreign powers.
  • Given the experience of Russian intervention in the 2016 presidential election.
  • So, Congress is considering legislation to limit the use of personal data by technology companies.

A reaction against the technology industry

The US Department of Justice and the Federal Trade Commission is conducting “anti-monopoly” investigations of

  1. Amazon
  2. Apple
  3. Facebook
  4. Google

Eventually, the Commission collected fines worth 5 million dollars applied to «Facebook». Because of its violation of the company Promises made to consumers about its privacy policies. (the United States, unlike the European Union, has no public law protecting online privacy).

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