Hedge fund investor warns open societies aren't just threatened by autocratic regimes, but social networking giants

George Soros warns that tech giants are influencing people's behaviour and choices without even realising it. He believes that they should be regulated are accountable public utilities not mere distributors of information.Soros highlights that it's also a threat how private players are lending out their technology for state sponsored surveillance.When the Internet was invented back in the 1960's, its purpose was simple — to share and distribute information. Now, the rise of monopolistic IT platforms like Facebook and Google are have turned ‘information' into a tool. They are using it to influence how people think and behave without them even being aware of it — at least according to George Soros, a well-known hedge fund investor and founder of Open Society Foundations."Facebook and Google

from Business Insider India https://ift.tt/36hu7KJ

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