Business Standard

Tech giants, once the saviours, are now seen as threats

- DAVID STREITFELD

At the start of this decade, the Arab Spring blossomed with the help of social media. That is the sort of story the tech industry loves to tell: it is bringing freedom, enlightenm­ent and a better future for all mankind.

Mark Zuckerberg, the Facebook founder, said that this was why his social network existed. In a 2012 manifesto for investors, he said Facebook was a tool to create “a more honest and transparen­t dialogue around government.” The result, he said, would be “better solutions to some of the biggest problems of our time.”

Now tech companies are under fire for creating problems instead of solving them. At the top of the list is Russian interferen­ce in last year’s presidenti­al election. Social media might have originally promised liberation, but it proved an even more useful tool for stoking anger. The manipulati­on was so efficient and so lacking in transparen­cy that the companies themselves barely noticed it was happening.

The election is far from the only area of concern. Tech companies have accrued a tremendous amount of power and influence. Amazon determines how people shop, Google how they acquire knowledge, Facebook how they communicat­e. All of them are making decisions about who gets a digital megaphone and who should be unplugged from the web.

Their amount of concentrat­ed authority resembles the divine right of kings, and is sparking a backlash that is still gathering force.

“For 10 years, the arguments in tech were about which chief executive was more like Jesus. Which one was going to run for president. Who did the best job convincing the work force to lean in,” said Scott Galloway, a professor at New York University’s Stern School of Business. “Now sentiments are shifting. The worm has turned.”

News is dripping out of Facebook, Twitter and now Google about how their ad and publishing systems were harnessed by the Russians. On November 1, the Senate Intelligen­ce Committee will hold a hearing on the matter. It is unlikely to enhance the companies’ reputation­s.

Under growing pressure, the companies are mounting a public relations blitz. Sheryl Sandberg, Facebook’s chief operating officer, was in Washington this week, meeting with lawmakers and making public mea culpas about how things happened during the election “that should not have happened.” Sundar Pichai, Google’s chief executive, was in Pittsburgh on Thursday talking about the “large gaps in opportunit­y across the US” and announcing a $1 billion grant program to promote jobs.

Underlying the meet-and-greets is the reality that the internet long ago became a business, which means the companies’ first imperative is to do right by their stockholde­rs.

Ross Baird, president of the venture capital firm Village Capital, noted that when ProPublica tried last month to buy targeted ads for “Jew haters” on Facebook, the platform did not question whether this was a bad idea — it asked the buyers how they would like to pay.

“For all the lip service that Silicon Valley has given to changing the world, its ultimate focus has been on what it can monetise,” Baird said.

Criticism of tech is nothing new, of course. In a Newsweek jeremiad in 1995 titled “Why the Web Won’t Be Nirvana,” the astronomer Clifford Stoll pointed out that “every voice can be heard cheaply and instantly” on the Usenet bulletin boards, that era’s Twitter and Facebook.

“The result?” he wrote. “Every voice is heard. The cacophony more closely resembles citizens band radio, complete with handles, harassment and anonymous threats. When most everyone shouts, few listen.”

Such complaints, repeated at regular intervals, did not stop the tech world from seizing the moment. Millions and then billions of people flocked to its services. The chief executives were regarded as sages. Disruption was the highest good.

What is different today are the warnings from the technologi­sts themselves. “The monetisati­on and manipulati­on of informatio­n is swiftly tearing us apart,” Pierre Omidyar, the founder of eBay, wrote this week.

Justin Rosenstein, a former Facebook engineer, was portrayed in a recent Guardian story as an apostate: Noting that sometimes inventors have regrets, he said he had programmed his new phone to not let him use the social network. Rosenstein, a cofounder of Asana, an office productivi­ty start-up, said in an email that he had banned not just Facebook but also the Safari and Chrome browsers, Gmail and other applicatio­ns.

 ??  ?? Tech companies are under fire for creating problems instead of solving them
Tech companies are under fire for creating problems instead of solving them

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