June 1, 2019
A Vox article says tech companies in Seattle and Silicon Valley now comprise the five most valuable companies in America—a situation some people want to forcibly change.
In a New York Times op-ed, Facebook co-founder Chris Hughes said the company he helped build has grown too large and unaccountable.
Ben Thompson, a tech industry analyst, described Facebook’s acquisition of Instagram as “the greatest [non]regulatory failure of the last 10 years.”
Presidential candidate Bernie Sanders says that we’re living in an “era of monopolies” and that it’s time “to take that power back.”
Presidential candidate Elizabeth Warren has proposed breaking up Google, Amazon and Facebook and placing restrictions on how Apple and Microsoft do business.
Speaking of Apple, the Supreme Court has ruled that iPhone users can sue the tech giant over its control of app sales. And this year, the Federal Trade Commission launched a task force that would review past mergers of tech companies.
What’s the likelihood that the government will move to regulate Big Tech? As you have guessed, it depends on the trend in social mood trend.
Read “The Timing and Character of Investment Legislation.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.
The Socionomist enables you to see trend-shaping waves of social mood, as reflected by the stock market — and capitalize on them. The June issue looks at phases of social mood and features a “Research Roundup,” which highlights five academic studies that shine a light on important aspects of socionomic theory. Mood Riffs topics include “quiet luxury,” loneliness, the Writers Guild strike and efforts by countries to trade in currencies other than the U.S. dollar. Read the June issue when you become a Socionomics Premier Member.
