Can we trust Big Tech with our data?
Tech journalist Kate Russell believes the US and the EU have similar approaches but are simply moving at different paces. “The EU is a phase ahead of the U.S.”
She says “The US is only now starting to look at the monopolistic behaviors of Big Tech companies.”
Editor-at-Large of Wired Magazine Steven Levy believes the US has been slower out of fear of stifling US firms.
“Naturally the US has a backstop in that they don’t want to harm American companies” he tells Stephen - “and the EU is a little miffed that they have no Big Tech companies so they’re happy to collect their money from fines.”
Levy also thinks people don’t know what they agree to when giving permissions and that any Big Tech regulation of the future needs to give consumers more clarity about their data.
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