Issues & Developments in the Realm of Communications and Media Policy & The First Amendment
As the election draws closer and the stakes become clearer, we should not forget the outsized influence of Big Tech in our country.
Not long ago, Facebook and Twitter emerged as key figures in U.S. elections when foreign propaganda, fake news, and objectionable content became a part of the process. Since then, Facebook, Instagram, TikTok, and X have become embedded in the fabric of American society, affecting democracy itself.
Continue reading “Big Tech and Principled Policy”The recent passing of Intel co-founder Gordon E. Moore at age 94 has brought back well-deserved stories about how this tech legend played a leading role in developing silicon microprocessors, which served as the foundation for the exponential growth of our modern computer age. But this Big Bang in Silicon Valley was preceded by a series of events that created the environment that allowed Moore and his brilliant colleagues – notably Intel co-founder Robert Noyce – to achieve the technological breakthroughs that have changed the world.
Silicon Valley is a noted center of technological advancement and entrepreneurship, achieving innovations that have left lasting and unmatched imprints on society, here and abroad. Its centrality to such developments as the personal computer, social networks, and cloud computing has made the region so successful, with continual fueling by venture capital. Few are aware, however, that the staggering growth of the area had its roots in Washington, D.C., during the regulation-intensive climate of the late 1940s through the late 1950s.
Continue reading “How Silicon Valley’s Leap Ahead Was Preceded by Visible Government Footsteps”Well informed observers of the tech industry have cautioned against two things: economic downturn and government regulation. Each had a palpable sense of the inevitable – not a matter of if, but when. As we enter 2020, the conditions for both are present, if not altogether ripe.
Dire predictions of a global recession have been hovering over the economy for several quarters. But low interest rates, strong consumer spending, and investor confidence have kept the economy buoyant. The new China trade deal and record-high NASDAQ belie economic woes.
If this election year turns out like others, the economy will hum along through the first two quarters, then decelerate as we head into November. If an economic slowdown were to occur, it would owe as much to politics as to recessionary pressure. And even that might recede if the president gets re-elected.
Continue reading “Can Big Tech Be Reined In by Rules It Consistently Breaks?”