NBCnews has a post on the make or break moment. https://www.nbcnews.com/tech/tech-news/silicon-valley-faces-make-or-break-moment-amid-big-tech-n847301
Silicon Valley faces make or break moment amid big tech backlash
Gone are the glory days of glowing praise and good PR for big tech companies.
Any set of companies that get as big as Amazon, Google, and Facebook are targets for government regulation. It happened to Oil companies. Tobacco. Steel. Pharmaceuticals. The government could understand Oil, cigarettes, and drugs much easier. They could see commodities move and how regulations could be put in place. The Internet companies work by flowing of bits that they can’t see and don’t understand.
What would happen if there was a tech savvy government officials? Would there regulations in place? Most likely yes.