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Category Archives: Big Tech
Big Tech bosses call for computer science to be taught in all US schools – The Register
Posted: July 17, 2022 at 9:00 am
Leaders at hundreds of top US tech companies, universities, and non-profits have called for computer science to be taught to kids in American schools.
The CEOs of Google, Amazon, Apple, Meta, Microsoft, and more signed a letter urging for governors and education leaders to introduce computer science lessons to all K-12 students those aged five to 18, typically across the country. Children should be given the opportunity to learn how to code as early as elementary school and all the way through to high school, according to Code.org's CEO Hadi Partovi, who is leading the effort.
Computer science should be a core subject, just like basic biology or algebra
"Every industry is impacted by digital technology, yet not every student has the opportunity to learn how technology works," Partovi said in a statement. "Today, computer science should be a core subject, just like basic biology or algebra. The United States has seen tremendous momentum behind this idea, and today's announcement makes it clear that the time for action is now."
The COVID-19 pandemic temporarily shut down schools and changed the way students learn. Instead of being in classrooms, many tuned into lessons online in front of a computer, laptop, or tablet. Now that they're returning to class, they should use those devices to enroll in computer science classes, it is argued.
Code.org's Chief Academic Officer Pat Yongpradit told The Register younger students don't have to start with learning production programming languages right away, and can begin with something simpler to help them grasp problem solving and understand how computers are instructed to do stuff.
"These days, Java, JavaScript, and Python are some of the most popular languages to teach in schools, but many programming environments, like Code.org, use a visual block-type interface (imagine puzzle pieces or Legos) that sits on top of a typical programming language and makes it easier to engage with professional programming languages," Yongpradit said.
"Students should learn how to design programs related to their passions and interests, how to break down difficult problems into more manageable ones, how to generalize a solution to a variety of situations, and generally how to harness the power of computers to make the world a better place," he added.
"The United States," the open letter added, "leads the world in technology, yet only five per cent of our high school students study computer science. How is this acceptable? We invented the personal computer, the internet, and the smartphone. It is our responsibility to prepare the next generation for the new American Dream."
Learning how to program could help prepare students for a future dominated by computers, and also help them become more mindful consumers in the digital world. If they don't go on to develop software, they may have a better understanding of how these systems work together and how programming-like problems can be solved. Making computer science part of the national curriculum will also introduce the subject to those from underrepresented backgrounds in technology.
"Students in CS classes don't consume technology but create it," Yongpradit told us. "To create tech in a conscious way, students need to understand not just how to create it, but if they should and how it can be designed for all people, for example, folks with disabilities. Students also need to learn about the societal implications of technology, both good and bad."
There are also other wide-reaching benefits for the US extending beyond just boosting the economy, the letter argued. The US reportedly has over 700,000 computing-related jobs a year and only 80,000 computer science graduates. The tech industry has to hire high-skilled immigrants to fill these positions. If more people from the country can code, it'll keep the US more nationally competitive. It could also help the government and businesses deal with increasingly more cyber attacks, boosting national security.
The letter went on: "The undersigned commit our support by collectively creating employment opportunities for computer science students in every city in the USA, and in every sector, from manufacturing to banking, from agriculture to healthcare. Many of us offer internships to help these students find their career pathway. Many of us have funded efforts in CS education, to support underserved communities. But there is only so much industry can do by ourselves."
"Now is the time for action, and the stakes couldn't be higher. Together we urge you, for the sake of our students, our economy, and our country, to work together to update the K-12 curriculum, for every student in every school to have the opportunity to learn computer science," the letter concluded.
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The Ethical Dilemma at the Heart of Big Tech Companies
Posted: July 13, 2022 at 8:58 am
If it seems like every week theres a new scandal about ethics and the tech industry, its not your imagination. Even as the tech industry is trying to establish concrete practices and institutions around tech ethics, hard lessons are being learned about the wide gap between the practices of doing ethics and what people think of as ethical. This helps explain, in part, why it raises eyebrows when Google dissolves its short-lived AI ethics advisory board, in the face of public outcry about including a controversial alumnus of the Heritage Foundation on it, or when organized pressure from Googles engineering staff results in the cancellation of military contracts.
This gap is important, because alongside these decidedly bad calls by those leading the charge for ethics in industry, we are also seeing the tech sector begin investing meaningful resources in the organizational capacity to identify, track, and mitigate the consequences of algorithmic technologies. We are at a point where it would seem that the academics and critics who had exhorted the industry to make such considerations for decades should be declaring a small victory. Yet in many cases, those same outside voices are raising a vigorous round of objections to the tech industrys choices, often with good reason. While just a few years ago, it seemed everyone shared an understanding of what was meant by ethics in the tech industry, now that ethics is a site of power, who gets to determine the meaning and practices of ethics is being hotly contested.
In Silicon Valley, however, it is unclear what all of this means, particularly when it comes to translating ethical principles into the practical necessities and language of business. Is tech ethics just the pursuit of robust processes? What are tech ethicists goals, and what is their theory of change? Is any of this work measurable in the frameworks companies already use to account for value? How much does ethics add to the cost of doing business, and what is the difference for companies that are just starting up, racing toward IPO, or already household names?
Building fair and equitable machine learning systems.
To find out, we along with co-author of the study, danah boyd (who prefers lowercase letters in her name) studied those doing the work of ethics inside of companies, whom we call ethics owners, to find out what they see as their task at hand. Owner is common parlance inside of flat corporate structures, meaning someone who is responsible for coordinating a domain of work across the different units of an organization. Our research interviewing this new class of tech industry professionals shows that their work is, tentatively and haltingly, becoming more concrete through both an attention to process and a concern with outcomes. We learned that people in these new roles encounter an important set of tensions that are fundamentally not resolvable. Ethical issues are never solved, they are navigated and negotiated as part of the work of ethics owners.
The central challenge ethics owners are grappling with is negotiating between external pressures to respond to ethical crises at the same time that they must be responsive to the internal logics of their companies and the industry. On the one hand, external criticisms push them toward challenging core business practices and priorities. On the other hand, the logics of Silicon Valley, and of business more generally, create pressures to establish or restore predictable processes and outcomes that still serve the bottom line.
We identified three distinct logics that characterize this tension between internal and external pressures:
Meritocracy: Although originally coined as a derisive term in satirical science fiction by British sociologist Michael Young, meritocracy infuses everything in Silicon Valley from hiring practices to policy positions, and retroactively justifies the industrys power in our lives. As such, ethics is often framed with an eye toward smarter, better, and faster approaches, as if the problems of the tech industry can be addressed through those virtues. Given this, it is not surprising that many within the tech industry position themselves as the actors best suited to address ethical challenges, rather than less technically-inclined stakeholders, including elected officials and advocacy groups. In our interviews, this manifested in relying on engineers to use their personal judgement by grappling with the hard questions on the ground, trusting them to discern and to evaluate the ethical stakes of their own products. While there are some rigorous procedures that help designers scan for the consequences of their products, sitting in a room and thinking hard about the potential harms of a product in the real world is not the same as thoroughly understanding how someone (whose life is very different than a software enginee) might be affected by things like predictive policing or facial recognition technology, as obvious examples. Ethics owners find themselves being pulled between technical staff that assert generalized competence over many domains and their own knowledge that ethics is a specialized domain that requires deep contextual understanding.
Market fundamentalism: Although it is not the case that tech companies will choose profit over social good in every instance, it is the case that the organizational resources necessary for morality to win out need to be justified in market-friendly terms. As a senior leader in a research division explained, this means that the system that you create has to be something that people feel adds value and is not a massive roadblock that adds no value, because if it is a roadblock that has no value, people literally wont do it, because they dont have to. In the end, the market sets the terms of the debate, even if maximum profit is not the only acceptable outcome. Ethics owners therefore must navigate between avoiding measurable downside risks and promoting the upside benefits of more ethical AI. Arguing against releasing a product before it undergoes additional testing for racial or gender bias, or in order to avoid a potential lawsuit, is one thing. Arguing that the more extensive testing will lead to greater sales numbers is something else. Both are important, but one fits squarely inside the legal and compliance team, the other fits better in product teams.
Technological solutionism: The idea that all problems have tractable technical fixes has been reinforced by the rewards the industry has reaped for producing technology that they believe does solve problems. As such, the organizational practices that facilitate technical success are often ported over to ethics challenges. This is manifested in the search for checklists, procedures, and evaluative metrics that could break down messy questions of ethics into digestible engineering work. This optimism is counterweighted by a concern that, even when posed as a technical question, ethics becomes intractable, like its too big of a problem to tackle.This tension is on stark display in addressing bias and unfairness in AI; there are dozens of solutions for fixing algorithmic bias through complex statistical methods, but less work on addressing the underlying bias in data collection or in the real world that that data is collected from. And even for a fair algorithm, fairness is only a subset of ethical questions about a product. What good is fairness if it only leads to a less biased set of people harmed by a dangerous product?
Our research shows that even if they are all engaged in some form of critique of it, the collective goal of ethics owners is not to stop the tech industry. They, like the engineers they work alongside, are enmeshed in organizational cultures that reward metric-oriented and fast-paced work with more resources. This ratchets up the pressure to fit in and ratchets down the capacity to object, which makes it all the more difficult to distinguish between success and failure moral victories can look like punishment while ethically questionable products earn big bonuses. The tensions that arise from this must be worked through, with one eye on process, certainly, but also with the other eye squarely focused on outcomes, both short- and long-term, both inside and outside companies, and as both employees and members of a much broader society.
We saw these tensions when the co-founder of the Stanford Human-Centered AI (HAI) Institute, the renowned AI researcher Fei-Fei Li, became notorious while working at Google for warning in a leaked email that Googlers should not publicly discuss the role of their AI products in constructing a system for facial analysis on military drones. Rather than using her considerable sway advocating against the military contract for obviously ethically-troubling technology, Li argued to colleagues that discussing Project Maven publicly would lead to damaging the positive image they had cultivated through talk of humanistic AI.
Similarly, when human rights legal scholar Philip Alston said from the 2018 AI Now symposium stage, half-jokingly, I want to strangle ethics, he was not implying that he wishes people and companies to be less ethical, but rather that ethics as opposed to a human rights legal framework, for example is typically approached as a non-normative, open-ended, undefined and unaccountable endeavor focused on achieving a robust process rather than a substantive outcome. Oddly enough, Alstons take on ethics is copacetic with Lis: ethics as a series of processes appears to not need to make substantive commitments to just outcomes.
For better or worse, the parameters of those processes will drive future administrative regulations, algorithmic accountability documentation, investment priorities, and human resource decisions. When we collectively debate how to manage the consequences of digital technologies, we should include more of the perspective of people whose labor is shaping this part of our futures.
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Why Reining In Big Tech Could Be Bad News For US National Security – Forbes
Posted: at 8:58 am
The United States is widely acknowledged to be in a period of profound political polarization. Virtually every facet of domestic policy is a source of friction between the major parties.
However, on matters of national security, something approaching a national consensus still exists. Both parties favor robust military spending, suppression of Islamic terrorists, strengthening NATO and countering Chinas moves to displace America as the dominant global power.
Despite bipartisan support, though, Washingtons efforts to contain a rising China are not going well. One reason is that Chinas power, unlike Russias, is grounded in robust economic performance.
Chinas growth rate has routinely surpassed that of other industrialized countries for decades, and it now commands more manufacturing capacity than the U.S., Germany and Japan combined.
Many of the top-priority technologies the Pentagon has identified for the future are commercial ... [+] innovations that companies like Google and Microsoft have pioneered.
For instance, China out-produces the U.S. in steel by as much as ten-to-one in some years, and was well on its way to wiping out the domestic aluminum smelting industry before the Trump administration imposed tariffs on state-subsidized Chinese exports.
China has proven adept at dominating new industries widely deemed critical to the future global economy, from lithium-ion batteries to solar panels to wind turbines.
The United States still dominates in some sectors such as aerospace, but the overall impression, confirmed by numerous public and private assessments, is that America is losing ground.
Beijing is leveraging its dynamic economy to become a much bigger military player than it was in the past, particularly in its immediate neighborhood, but the core of the challenge remains economic and technological in character.
If Washington cannot prevail on that playing field, then no amount of military expenditure will prevent it from falling behind China in the race for global influence.
Against that backdrop, the rising tide of regulation aimed at U.S. tech companies is at best a mixed blessing, and potentially a hindrance to staying on top.
I am referring mainly to the biggest tech companiesAmazon AMZN , Apple AAPL , Alphabet, Meta and Microsoft MSFT which have become the target of numerous legislative initiatives aimed at curbing behavior deemed to be monopolistic.
It is not necessary to resolve the debate over what constitutes monopolistic behavior in the digital era to recognize that these five companies have an outsized impact on Americas ability to keep ahead of China.
The Boston Consulting Group issues an annual ranking of the worlds most innovative companies, and the most recent lists the top four innovators as (1) Apple, (2) Alphabet, (3) Amazon, and (4) Microsoft. Meta, the parent company of Facebook, is somewhat further down the list, but still rates as one of the top-twenty innovators worldwide.
This matters to national security because every informed observer agrees that the key to competing globally is the pace at which a nation innovates. Innovation in this case doesnt just mean being inventive, it means bringing new products to the market and shaping the content of demand. All of the companies in the Boston Consulting Groups compendium of innovators are accomplished at doing this.
Consider Alphabet, the parent company of Google GOOG . It captures about 90% of global search traffic and its Android operating system is used on 75% of the worlds smart phones. Google Maps is tapped by 70% of navigation app users each month, and its Chrome browser attracts 66% of browser usage worldwide.
And that is just the tip of the Google iceberg. The Nature Index rates it as one of the top five generators of scientific papers in the life sciences, when measured in terms of the impact its research creates. Googles impact on innovation, both at home and abroad, is huge.
This is not the first time in American history that private industry has been crucial to national security. During the Second World War Raytheon played a pivotal role in supplying game-changing radar to the Allied powers. A generation later, AT&T Bell Labs was chosen to oversee the national missile-defense system because of its unique ability to manage large technology projects.
What makes the role of innovation in national security different today is that most of the technologies the Pentagon considers top-priority for the future are primarily commercial in nature.
Among the most important technologies are microelectronics, 5G communications, biotechnology, digital networking, quantum computing and artificial intelligence.
These are all areas in which Big Tech companies like Google are deeply engaged. Indeed, it is their very size that enables the scale of innovation in which they engage. Smaller enterprises cant afford the depth of effort or the degree of risk that such companies frequently assume.
This is of no great concern to the European Parliament, which on Tuesday passed legislation to rein in the biggest tech players, because Europe is a laggard in the digital arena. None of its digital enterprises begins to approach the scale of an Amazon or Meta.
However, it matters a lot to the United States, where most of the worlds leading online enterprises are headquartered. If Europes digital regulations become a roadmap for U.S. rules, as the Wall Street Journal suggests may happen, that could hobble the most powerful sources of innovation in the American economy.
Although U.S. lawmakers have been contemplating a raft of legislative initiatives to rein in, constrain or break up the biggest U.S. tech companies, there is little evidence such laws would accomplish much more than increase cost and confusion for consumers. After all, it is common practice for the companies in question to offer their services for free, or at least at the lowest price possible.
The downside, obviously, is that tighter regulation could diminish the ability of the nations leading innovators to keep innovating at their current pace. The fallout wouldnt be confined just to the top half-dozen companies: it would ripple across the entire digital sphere, an arena in which the majority of startup innovators hope eventually to be acquired by one of the big players.
There are valid reasons for regulating Big Tech, ranging from the protection of privacy to barring illegal content to preventing anti-competitive behavior.
However, without a rigorous assessment of how reining in Big Tech might impact the overall performance of the tech sector, it is an open question who would benefit more from new U.S. regulationsconsumers, competitors, or China.
At the very least, any new U.S. regulations should be treating the likes of TikTok and Alibaba the same way Washington treats its own innovators, otherwise we may simply be helping Beijing in its quest for global dominance.
Some of the companies mentioned above have been occasional contributors to my think tank.
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Europe’s Big Tech Law Is Approved. Now Comes the Hard Part – WIRED
Posted: at 8:58 am
The potential gold standard for online content governance in the EUthe Digital Services Actis now a reality after the European Parliament voted overwhelmingly for the legislation earlier this week. The final hurdle, a mere formality, is for the European Council of Ministers to sign off on the text in September.
The good news is that the landmark legislation includes some of the most extensive transparency and platform accountability obligations to date. It will give users real control over and insight into the content they engage with, and offer protections from some of the most pervasive and harmful aspects of our online spaces.
The focus now turns to implementation, as the European Commission begins in earnest to develop the enforcement mechanisms. The proposed regime is a complex structure in which responsibilities are shared between the European Commission and national regulators, in this case known as Digital Services Coordinators (DSCs). It will rely heavily on the creation of new roles, expansion of existing responsibilities, and seamless cooperation across borders. Whats clear is that as of now, there simply isnt the institutional capacity to enact this legislation effectively.
In a sneak peek, the commission has provided a glimpse into how they propose to overcome some of the more obvious challenges to implementationlike how they plan to supervise large online platforms and how they will attempt to avoid the problems that plague the General Data Protection Regulation (GDPR), such as out-of-sync national regulators and selective enforcement. But their proposal only raises new questions. A huge number of new staff will need to be hired and a new European Centre for Algorithmic Transparency will need to attract world-class data scientists and experts to aid in the enforcement of the new algorithmic transparency and data accessibility obligations. The Commissions preliminary vision is to organize its regulatory responsibilities by thematic areas, including a societal issues team, which will be tasked with oversight over some of the novel due diligence obligations. Insufficient resourcing here is a cause for concern and would ultimately risk turning these hard-won obligations into empty tick-box exercises.
One critical example is the platforms obligation to conduct assessments to address systemic risks on their services. This is a complex process that will need to take into account all the fundamental rights protected under the EU Charter. In order to do this, tech companies will have to develop human rights impact assessments (HRIAs)an evaluation process meant to identify and mitigate potential human rights risks stemming from a service or business, in this case a platformsomething civil society urged them to do throughout the negotiations. It will, however, be up to the board, made up of the DSCs and chaired by the commission, to annually assess the most prominent systemic risks identified and outline best practices for mitigation measures. As someone who has contributed to developing and assessing HRIAs, I know that this will be no easy feat, even with independent auditors and researchers feeding into the process.
If they are to make an impact, the assessments need to establish comprehensive baselines, concrete impact analyses, evaluation procedures, and stakeholder engagement strategies. The very best HRIAs embed a gender-sensitive approach and pay specific attention to systemic risks that will disproportionately impact those from historically marginalized communities.
This is the most concrete method for ensuring all potential rights violations are included.
Luckily the international human rights framework, such as the UN Guiding Principles on Human Rights, offers guidance on how best to develop these assessments. Nonetheless, the success of the provision will depend on how platforms interpret and invest in these assessments, and even more so on how well the commission and national regulators will enforce these obligations. But at current capacity, the ability of the institutions to develop guidelines and best practices and to evaluate mitigation strategies is nowhere near the scale the DSA will require.
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Tech Is Not Representative Government – The New York Times
Posted: at 8:58 am
Americans are treating tech companies like a substitute for effective representative government. It shouldnt be this way.
After the Supreme Court overturned the constitutional right to abortion, many abortion rights advocates turned their attention to how peoples digital bread crumbs from apps and the internet might incriminate them if they seek the procedure, and what technology and telecom companies like Facebook, Apple and Verizon could do to protect them.
This was understandable. In our data-hogging economy, companies have information on nearly everyone. That makes them potential sources for law enforcers seeking to prosecute those involved in abortions.
On the other hand, it was another example of people bypassing elected officials and looking instead to powerful tech companies to address their anxieties about law, policy and accountability.
Many people believe that Donald Trump and other Republican officials wont stop making false claims that the 2020 presidential election was rigged. So a lot of attention has focused on what Twitter, Facebook or YouTube might do to stop those lies from spreading.
Politicians are upset that some large corporations dont pay any federal income taxes, but instead of changing the legal deductions and exemptions, they yell at Amazon and other big companies for not paying their fair share of taxes. People are angry about Facebooks lenient enforcement of rules banning gun sales but there are more gun restrictions on Facebook than in much of real-world America.
Corporations are a major force in our lives, and a few digital superpowers act like consequential global actors, at times on par with governments. They have a responsibility beyond profits, whether any of us like it or not.
But its also strange to both worry that Big Tech has too much power and sometimes demand that the companies fix what we dont like about the world. Corporate action is not a substitute for effective government.
(For more on the limits of corporate social responsibility, read this piece from Emily Stewart at Vox and this one by Binyamin Appelbaum, a member of The New York Times editorial board.)
I understand why this happens: Many Americans arent confident that the government is capable of effectively addressing big problems such as public safety, health care and climate change. Companies are often more accountable and responsive to peoples demands than our elected leaders are.
Its also true that tech companies including Facebook have fought off government regulation while also saying that its needed to fix problems that they helped create.
I keep thinking about a conversation I had a couple of years ago with Zephyr Teachout, a leftist lawyer who is now a special adviser to the New York attorney general, about the historical aberration of people who are now petitioning companies for social and political change.
We discussed a mass protest in Britain at the turn of the 19th century that Teachout has written about. Protesters angry that sugar producers were using enslaved people demanded that the government abolish slavery not that the companies change their behavior.
Americans lack of faith in government creates odd spectacles. The concerns about corporate data being used in legal cases involving abortion and fear about Chinas government harnessing Americans data from the TikTok app could be a nudge to elected leaders and the public. We could have national restrictions in the U.S. on what data companies collect on us, and change how easy it is for companies to sell or share that data with just about anyone.
Google said last week that it would begin to delete location information when people visit certain sensitive places such as addiction treatment facilities and abortion providers. TikToks parent company, based in China, has tried to wall off the app from Chinas digital borders.
Americas lax restrictions on data havent changed yet. But TikToks and Googles have.
The internet can be darn great sometimes! Our On Tech editor, Hanna Ingber, watched as her kiddo unleashed his amazing taste for interiors. We want to hear from you about how technology has been a window into personal discovery or joy:
My 8-year-old son was recently playing around on his Chromebook from the days of remote school and stumbled upon a design app. I allowed him to download it, and he designed his first living room. And then he wanted to design more and more.
A friend told me her son had been playing around on Google and learned about an upcoming convention for those who like to do origami; he asked his mother about it, and she took him to it. It was mostly adults there but he had a blast.
These experiences made me think about how the internet can open worlds for children beyond what their parents had considered or knew existed.
Wed like to hear from you, our On Tech readers, about a recent experience with tech that helped you or your family broaden your horizons. Please share your stories with us by emailing ontech@nytimes.com, and put tech wonders in the subject line. We may publish a selection in an upcoming newsletter.
Start-up money is going into hiding: Investments in U.S. tech start-ups have dropped 23 percent over the past three months. It is the first decline in funding since 2019, my colleague Erin Griffith reported, and another sign of the freeze in money flowing in and out of young companies.
The internets dollar store has lost its touch: Wish grabbed the hearts of shoppers and some investors who bet that the companys cheap tchotchkes would make it an e-commerce superstar. But plastering the internet with ads for Wish products stopped working, and the company sometimes used deceptive experiments that drove customers away, my colleagues Tiffany Hsu and Sapna Maheshwari wrote.
Can you identify a country by the color of its soil? My colleague Kellen Browning wrote about people who take a glimpse at a random place in the world using Google Street View and guess as fast as possible what country its in. The best players can identify a location in seconds or less.
At a county fair in southwest Virginia, one woman won over 25 categories in a competition, including for best sauerkraut, jelly, jam and pie, and the top three places for cookies. People wouldnt rest until they had found her.
We want to hear from you. Tell us what you think of this newsletter and what else youd like us to explore. You can reach us at ontech@nytimes.com.
If you dont already get this newsletter in your inbox, please sign up here. You can also read past On Tech columns.
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In battle between big tech and state, more clarity is needed, both sides have much to uncover and declare – The Indian Express
Posted: at 8:58 am
There is a growing push and pull between Big Tech and the state over the governance of global public platforms. A few days ago, social media platform, Twitter, moved the Karnataka High Court over the governments orders to block certain tweets and handles under Section 69 of the Information Technology Act 2000. Twitters move came after the Ministry of Electronics and Information Technology (MeitY) had asked it to comply with its orders or risk losing the safe harbour protection afforded to such platforms. This clash between big tech and the state is, however, not unique to India. Across the world, governments are grappling with this issue, struggling to arrive at a new equilibrium. Regulation of social media platforms public forums but owned by corporations is a contentious issue.
Twitter has alleged that the blocking orders are procedurally and substantially non-compliant with Section 69A, are manifestly arbitrary, fail to provide the originators prior notice and are disproportionate in several cases. In its petition, the social media giant has also argued that some of the URLs contain political and journalistic content, blocking which would be a violation of the right to free speech. However, Twitters past actions the manner, for instance, in which it suddenly cut the mic of Donald Trump lend credence to the charge that it is unaccountable. Its content moderation decisions can be accused of being shrouded in opacity, and/or taken by executives in Silicon Valley whose incentives are not aligned with what may be deemed as public interest. Considering the power of such platforms in shaping public opinion, these are matters of concern. Elon Musks takeover attempt he has now pulled out of buying Twitter would have compounded the problem. A privately owned company is under lesser public scrutiny as compared to a publicly listed one.
Yet, by asking Twitter to block tweets and handles, governments may be seeking to suppress views critical of them. According to Twitters global transparency report, the fourth highest number of content takedown requests came from India between January and June 2021. As reported in this paper, between February 2021 and 2022, MeitY issued 10 blocking orders, asking Twitter to take down 1,400 accounts and 175 tweets. Governments need to be more transparent in their decision-making. Since the issue has reached the courts, there is hope that, at the very least, the judiciary will help clarify the terms of engagement.
UPSC Key |The Indian Express helps you prepare for the Civil Services and other competitive exams with cues on how to read and understand content.
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In its battle with Big Tech, the CFPB is building an army of engineers – Protocol
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Just before the start of the pandemic in 2019, the number of buyers using freelancers on Fiverr was up 14% year-over-year to 2.2 million. That number has been steadily increasing in the years since: The number of active buyers grew to 4.2 million by March 2022.
But Kaufman said the number of companies using freelancers only represents a tiny portion of the addressable market in the U.S. That may change as businesses attitudes about using freelancers for projects shift, along with workers interest in taking up freelancing full-time. According to Fiverrs Freelance Economic Impact Report, half of freelancers saw an increase in demand for their services in the past 12 months. Kaufman said these changing dynamics will push freelancing into the mainstream in the coming years.
This interview has been edited for clarity and brevity.
Much of the conversation about the future of work deals with regular paycheck jobs. How does Fiverr think about the future of work?
I think we're in many ways the poster child of remote work because that's the type of marketplace that we power. And we work the majority of the week remotely as well. I think one of the interesting things that happened, and this was largely because of the pandemic and the fact that it forced everyone to at least give [remote work] a try, is the fact that more and more businesses are up to understanding that there should be less focus on people's time and more focus on people's output.
What happened throughout the global lockdown was a situation where businesses lost their ability to track when their actual team members or employees are actually working. And lo and behold, that was not a terrible thing. Activity didn't go down. It actually, in many cases, increased. And that lack of control over people's time was less and less important, and it was replaced with focus on output. And I think that this is what we've been advocating for many, many years.
The other thing is that I think that the pandemic has just created this pull-forward effect on something that would have happened anyway. This is not about these black-swan events. It's all about the fact that it's a generational change, what's happening in the workplace. It's driven by the younger population. So it started in 2010 when millennials joined the workforce. By the end of this decade, 2030, millennials are going to be 75% of the workforce, which means that the way they like to work is the way everybody's going to work because they're going to be the vast majority, and Gen Z has followed.
"What happened throughout the global lockdown was a situation where businesses lost their ability to track when their actual team members or employees are actually working. And lo and behold, that was not a terrible thing."
I think that the younger generation has brought this new way of thinking, and this is why stats show that by 2030, 50% of the U.S. talent is going to be engaging in freelancing, which is incredible, because this means that for companies, half of the talent is not going to be up for full-time hire. And that pushes companies to think differently about how to engage with talent in general.
Fiverr is creating this operating system that will allow or liberate access to talent and integrate that talent into the businesses workflows. It's as easy as using cloud computing these days. It's with a few clicks of a button. And we're seeing more and more companies adopting this change and taking steps to ensure that they can benefit from the flexibility that that gives them.
As companies start to get more and more on board with this idea of talent as a service, how has the number of companies using Fiverr evolved?
We've seen a massive increase in growth If we look at just the past 12 months, there have been 4.2 million businesses around the world, about half of them in the U.S. Thats about 2 million out of 31.7 million small- and medium-sized businesses in the U.S.. So it's still a tiny portion of the addressable market. The opportunity to grow is just massive, and we think it's the early innings of this market.
It always reminds me of the early days of ecommerce when ecommerce was still low single-digit percentage penetration. And it was obvious that this would become a force in business, but it was just a matter of time and educating the market. And once it happened, it actually went through an inflection point. And the beauty about our business is that as successful as it is right now, it's still at a pre-inflection point. This is why I've been doing this for about 13 years, and I'm more excited today than I was 13 years ago.
I want to talk about the Togetherr service that was just announced. Its been described as fantasy football meets advertising. How would you describe it?
Talent doesn't want to work with the same brands over and over again. So they start departing from agencies and start to freelance on their own. Customers are coming, and they understand that they have a variety of different needs and they don't want the same agency to do everything because as talented as any agency can be, they don't have access to all the talent in the world. They have access to the talent that they employ.
"We're trying to provide all of the tools necessary to run your business so you can focus on the things you're really good at."
What we realized was that this presented another opportunity to disrupt the market by liberating access to talent in creating these on-the-fly dream teams that can actually do a project for you.
In essence, what we do is we understand the very little details or attributes of every talent and know how to connect those talents together to form groups that will work on your project and then get this assembled.
With the rise of remote work, workers have a less clear divide between work and life. Fiverr provides some tools to help freelancers manage their time. Are there any plans for growth in this space?
Absolutely, yes. We believe that much like the way we work, everybody else should have a reasonable balance. And, and by the way, that balance shifts throughout the years and how you build your career. If you asked me, I don't remember my 20s and 30s. I worked so hard. And I don't regret it because this was my decision. And it was important for me to build something very large. But this is not the only way to build your career. And everybody should choose their own path. And for us, what's really important is that people would not spend time doing things that they shouldn't be doing.
What do freelancers tool stacks look like?
If they use Fiverr, the ambition we have is that they don't need to use other tools to run their business As much as we can take away from what's not necessary to do, we provide. So if you think about Fiverr as a platform, freelancers don't deal with anything that has to do with contracting, invoicing, figuring out how to exchange information and data files. Theres no need to deal with NDAs, no need to deal with storing and retrieving work. All of that is baked into the platform. So they get super detailed reporting about their performance. So they can figure out where they can do better.
We have products that allow freelancers to also manage their business, even if they have business outside of the platform. We have a product called Fiverr Workspaces. That product allows freelancers to send invoices, send proposals, get paid and so forth. We're thinking about this holistically. We're trying to provide all of the tools necessary to run your business so you can focus on the things you're really good at.
At what point do you think the company will reach that inflection point you mentioned earlier?
It's the $1 trillion question. It's very hard to say how general awareness progresses. And again, if I go back to my comment about ecommerce, it took ecommerce about two and a half decades to reach 10% of commerce. Why didn't it happen faster? Because it's a tectonic change. it takes time to educate people: Why are you spending about a month trying to find a freelancer when you can go on Fiverr and, on average, it takes between five and 15 minutes? Why? Well, it takes time. And the larger the businesses are, the slower they move. The slower they adopt new things. On the small- and medium-sized businesses, they're super agile, they're super flexible. They will use whatever the new thing is. And as we go up market, as we go to larger businesses, obviously those changes are slower. I don't think we're far from that point.
I was talking about the younger generation that came in. That younger generation that came in in 2010 is now 10 or 12 years into the workplace. They're becoming managers. They know how to use those systems. So I think that in many ways, we're probably closer than ever to that inflection point. And we're definitely pushing like everything we're doing, from creating awareness campaigns as Super Bowl ads or working with our community to spread the word.
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In its battle with Big Tech, the CFPB is building an army of engineers - Protocol
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American Innovation and Choice Online Act Has Panelists Divided on Small Business Impact – BroadbandBreakfast.com
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WASHINGTON, June 21, 2022 Public Knowledge, non-profit public interest group, further advocated Thursday support for the Digital Platform Commission Act introduced in the Senate in May that would create a new federal agency designed to regulate digital platforms on an ongoing basis.
We need to recognize that absolutely the time is now. It is neither too soon nor too late, said Harold Feld, senior vice president at Public Knowledge.
The DPCA, introduced by Senator Michael Bennet, D-CO., and Representative Peter Welch, D-VT., would, if adopted, create a new federal agency designed to provide comprehensive, sector-specific regulation of digital platforms to protect consumers, promote competition, and defend the public interest.
The independent body would conduct hearings, research and investigations all while promoting competition and establishing rules with appropriate penalties.
Public Knowledge primarily focuses on competition in the digital marketplace. It champions for open internet and has openly advocated for antitrust legislation that would limit Big Tech action in favor of fair competition in the digital marketspace.
Feld published a book in 2019 titled, The Case for the Digital Platform Act: Breakups, Starfish Problems and Tech Regulation. In it, Feld explains the need for a separate government agency to regulate digital platforms.
Digital regulation is new but has rapidly become critical to the economy, continued Feld. As such, it is necessary for the government to create a completely new agency in order to provide the proper oversight.
In the past, Congress empowered independent bodies with effective tools and expert teams when it lacked expertise to oversee complex sectors of the economy but there is no such body for digital platforms, said Feld.
The reality is that [Congress] cant keep up, said Welch. This comes at a time when antitrust action continues to pile up in Congress, sparking debate across all sides of the issue.
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Exclusive: Disney inks major advertising deal with The Trade Desk – Axios
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Disney has reached an agreement with The Trade Desk, a global ad tech company, that makes it possible for brands to target automated ads across Disney properties using data matched on the back end from Disney and The Trade Desk.
Why it matters: This is one of the largest media-business efforts yet to craft a new ad-targeting system as third-party tracking fades away, and it's likely to trigger a series of similar partnerships between major media companies and other big ad tech firms.
Details: The deal integrates data from Disneys Clean Room, a privacy-conscious repository of first party data, or data Disney gathers directly from its users with their consent, and matches it with personalized data thats been created through an industry framework called the Unified ID 2.0, which The Trade Desk has championed.
Between the lines. The deal will help Disney achieve its goal of shifting more than 50% of all of its advertising sales to automated buying.
The big picture: The deal comes as the streaming advertising landscape grows more competitive.
Bottom line: I think there's a lot of folks kind of sitting there waiting for some of this stuff to play out in the identity [personalized data targeting] landscape. But we're not waiting, said Tim Sims, chief revenue officer at The Trade Desk.
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Exclusive: Disney inks major advertising deal with The Trade Desk - Axios
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Cloud and Metaverse Among Top Themes Driving TMT M&A Activity in Q1 2022 | GlobalData Plc – GlobeNewswire
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LONDON, July 13, 2022 (GLOBE NEWSWIRE) -- The Tech, Media, and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes in Q1 2022 Thematic Research report offered by GlobalData Plc analyzes the disruptive themes that have driven M&A activity in Q1 2022 in the TMT Sector.
The metaverse is defined as a virtual world where users share experiences and interact in real-time within simulated scenarios. Big tech is busy developing the metaverse, which could transform how people work, shop, interact, and consume content. Companies investing in the metaverse will increasingly focus on themes, including artificial intelligence (AI), augmented reality (AR), virtual reality (VR), 5G, and cloud computing. Tech giants will start engaging in billion-dollar M&As to position themselves in the metaverse - the next big step in digital media.
Top Themes Driving TMT Market Growth
For more insights on the top themes driving the TMT sector, download a sample report
Cloud computings importance has grown significantly in recent years. It has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand IT environment. over the next few years, it will become the dominant model for delivering and maintaining enterprise IT resources, including, software, platforms, and tools for application developers. Rising competitive pressure has made many companies turn towards cloud technologies to stay competitive in the market. M&A activity in the cloud and managed services space continues to accelerate and we witness more deal activity in this theme.
Leading Companies Involved in M&A Deals in the TMT Sector
To know more about leading companies involved in M&A deals in the TMT market, download a sample report
TMT Industry M&A Deals by Top Themes - Thematic Intelligence Report Scope
Reasons to Buy
Related Reports
TMT Market Overview
FAQs
What are the key themes driving growth in the TMT market? Some of the key themes driving growth in the TMT market are metaverse, internet of things, artificial intelligence, cloud, and digital media.
Which are the leading companies involved in M&A deals in the TMT market?Some of the leading companies involved in M&A deals in the TMT sector are Elliott Management, Evergreen Coast Capital, Brookfield Business, HP, Thoma Bravo, Globalive Capital, Google, Cellnex Telecom, Apollo Global Management, and Cox Media Group.
Table of Contents
Global M&A deals in Q1 2022 Key takeaways
Review of global M&A deals in Q1 2022
Themes driving global M&A deals in Q1 2022
Appendices
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GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. In an increasingly fast-moving, complex, and uncertain world, it has never been harder for organizations and decision makers to predict and navigate the future. This is why GlobalData's mission is to help our clients to decode the future and profit from faster, more informed decisions. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our solutions are designed to provide a daily edge to professionals within corporations, financial institutions, professional services, and government agencies.
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