Databiz exposed

Last week i posted my reasons for dumping my Facebook account. Today’s National Observer has a report on the work of the International Grand Committee on Disinformation and Fake News which gives some further insight into the workings of Facebook and other social media giants.

Canadian businessman Jim Balsillie was among those who addressed the Committee about major Silicon Valley firms and the way they exploit customers: “The current business model is the root cause of the problems you are trying to address​​​​. Its toxicity is unrelenting. It is not a coding glitch that a legal patch will fix. Data at the micro-personal level gives technology unprecedented power and that’s why data is not the new oil — it’s the new plutonium.”

A transition to greater climate justice will depend on reining in the political power of Big Oil, but it may also require reining in the power of Big Data.

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