1. 28,000 news media workers gone since the pandemic. There is a crisis of the free press, and it is directly a result of the monopoly of advertising by Google and Facebook. Today, we are re-launching our coalition, Freedom from Facebook and Google. https://www.freedomfromfacebookandgoogle.com/ https://twitter.com/marcatracy/status/1248699507795263495 …
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2. We must decide if there is going to be a free press in the United States after the pandemic, or if we will live in an aristocracy where all information comes from Google and Mark Zuckerberg.https://www.protocol.com/tech-antitrust-coronavirus-congress-lobbyists …
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Matt Stoller Retweeted American Economic Liberties Project
3. I co-authored a paper with
@ZephyrTeachout and@sarahmillerdc on precisely what to do to end the monopolization of ad revenue by big tech and move it back to journalism.https://twitter.com/econliberties/status/1248720328798490631 …Matt Stoller added,
American Economic Liberties Project @econliberties5/ Our new paper “Addressing Facebook and Google’s Harms Through a Regulated Competition Approach” explains why we need to act now -- and what we need to do! https://static1.squarespace.com/static/5df44e0792ff6a63789b5c02/t/5e90c1f1f177386f95c33662/1586545139529/Working+Paper+Series+on+Corporate+Power_2.pdf …Show this thread2 replies 21 retweets 52 likesShow this thread -
4. The ex-CEO of Google, Eric Schmidt, has predicted that we will soon be a society ruled by Google and Facebook. Bigger companies like Google, he said, tend "to emerge stronger” from a crisis.https://fortune.com/2020/04/07/google-eric-schmidt-coronavirus-big-tech-covid-19-prediction/ …
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5. Schmidt says that big tech has realized they have a “moral responsibility” to ensure public safety by censoring speech. Structuring speech norms is what the public should do, not private monopolies.
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6. Meanwhile, Apple and Google are building the deliberate means for governments to track a third of the people on the planet. These are not choices that should be vested in the hands of tech barons. That's not how democracy works. https://www.bloomberg.com/news/articles/2020-04-10/apple-google-bring-covid-19-contact-tracing-to-3-billion-people …
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7. The ex-CEO of Google, Eric Schmidt, offered the creepiest quote about why consolidated power over advertising and media is good: “There was this belief 10 years ago that it was okay to have open networks and have free speech from anyone, including idiots."
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The First Amendment has a specific exemption for idiots. This is well-established in the case law.
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