National News

French President Macron Threatens to Dismantle Google & Facebook #news #socialmedia

Emmanuel Macron, the French president, has warned that Google and Facebook are becoming too big to be governed and could face being dismantled.

Internet giants could be forced to pay for the disruption they cause in society and submit to French or European privacy regulations, he suggested.

Trending: Fed Up Judge Kavanaugh Fires Off Heated Letter About Democrat’s Traveling Bimbo Circus #Democrats #Kavanaugh

In an interview with the magazine Wired, the president warned that artificial intelligence (AI) would challenge democracy and open a Pandora’s box of privacy issues.

He was speaking after announcing a €1.5bn investment in artificial intelligence research to accelerate innovation and catch up with China and the US.

Mr Macron said companies such as Google and Facebook were welcome in France, brought jobs and were “part of our ecosystem”.

But he warned:

“They have a very classical issue in a monopoly situation; they are huge players. At a point of time – but I think it will be a US problem, not a European problem – at a point of time, your government, your people, may say, ‘Wake up. They are too big.’

“Not just too big to fail, but too big to be governed. Which is brand new.

“So at this point, you may choose to dismantle. That’s what happened at the very beginning of the oil sector when you had these big giants. That’s a competition issue.”

Facebook chief executive Mark Zuckerberg said he was open to governments regulating tech companies.

“[The] question isn’t ‘Should there be regulation or shouldn’t there be?’ – it’s ‘How do you do it?’” Mr Zuckerberg said.

At the start of this year, billionaire investor and Democrat-beloved Nazi collaborator, George Soros added his voice to a chorus calling for major technology firms to be reined in, calling Google and Facebook monopolies in need of regulation.

CLICK HERE FOR RELATED OR SIMILAR CONTENT.

IF YOU ENJOYED THIS NEWS STORY, CLICK HERE TO READ MORE.

Mr Americana, Overpasses News Desk
April 2nd, 2018

 

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.