{"id":1724,"date":"2020-02-19T08:50:53","date_gmt":"2020-02-19T06:50:53","guid":{"rendered":"https:\/\/brianoflondon.me\/?p=1724"},"modified":"2020-02-19T09:02:11","modified_gmt":"2020-02-19T07:02:11","slug":"alt-tech-opinion-for-blocktv-government-vs-big-tech","status":"publish","type":"post","link":"https:\/\/brianoflondon.me\/2020\/02\/alt-tech-opinion-for-blocktv-government-vs-big-tech\/","title":{"rendered":"Alt-Tech Opinion for BlockTV Government vs Big Tech"},"content":{"rendered":"\n<p>This was my first Alt-Tech Opinion for BlockTV News.<\/p>\n\n\n\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/3speak.online\/embed?v=brianoflondon\/oxuvhdrb\" frameborder=\"0\"  allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n\n\n\n<p>Welcome back to BlockTV. I\u2019m Brian of London and this is my alt-tech opinion for BlockTV on the 3<sup>rd<\/sup> of February 2020.<\/p>\n\n\n\n<p>It is a truth, universally acknowledged, that the big tech giants, Google, Facebook, Amazon and Apple have too much power and control. Whether that\u2019s a problem or not seems to be related to the size of your slice of their massive lobbying budgets.<\/p>\n\n\n\n<p>The Antitrust Subcommittee of the US House Judiciary Committee is currently working on an investigation and a couple of weeks ago the committee took time out from impeaching Trump to continue doing something useful, perhaps. They held a field hearing about the power of online platforms and spoke to witnesses specifically about Facebook, Google Amazon and Apple.<\/p>\n\n\n\n<p>This was part of their investigation into the competitiveness of digital markets: this is a bipartisan investigation which will generate a report and recommendations for new laws and regulations seeking to govern how big tech platforms work.<\/p>\n\n\n\n<p>This meeting took testimony, under oath, from four witnesses<a href=\"https:\/\/judiciary.house.gov\/calendar\/eventsingle.aspx?EventID=2386\"><sup>\u20601<\/sup><\/a>. All four told compelling stories of how difficult it is to innovate in a market dominated by companies which have grown so huge. Throughout I heard a clear tension between business people who want government to get out of the way and let them innovate, against a recognition that Google, Facebook, Apple and Amazon have grown unnaturally large and are now a threat to innovation.<\/p>\n\n\n\n<p>This is David Heinemeier Hansson, the CTO of software service provider Basecamp.<\/p>\n\n\n\n<p>[Video]<\/p>\n\n\n\n<p>It was very clear in all of those tests that Facebook was by far and away the most effective way to market because of the immense amount of personal data that they have so we could target our apps to just an astonishing degree and no other advertising platform was able to compete and this is why Google who also has the same sort of capabilities of charging and Facebook is able to capture 99% of all growth in Internet advertisement as was stated in that report from 2016 because they simply have devastatingly effective machinery.<\/p>\n\n\n\n<p>He\u2019s arguing, and I\u2019m in complete agreement, Facebook and Google managed to collect and gather a trove of personal information in an early gold rush. Most people had no idea they were handing over something this valuable in aggregate because individually they either thought it a fair exchange for free email, photo sharing with grandma and some shiny beads or they simply never thought of it. Apple and Amazon are sitting on similar power.<\/p>\n\n\n\n<p>As these giants grew quickly, the incumbents in the advertising market, whose business they were eating, didn\u2019t see it coming. Back in 2010 now prominent crypto invester, Lou Kerner, made what seemed like a wild prediction for Facebook advertising revenue in 2015 and that Facebook would come to dominate online advertising and how online advertising would dominate advertising in general.<\/p>\n\n\n\n<p>[Video 48s]<\/p>\n\n\n\n<p>Facebook hit his prediction about 18 months after his prediction but this was still wild growth.<\/p>\n\n\n\n<p>I have worked on and run many websites since before Facebook started up until today:&nbsp; especially in news and opinion, Facebook can easily send 70% of a site\u2019s traffic. Whether you\u2019re buying adverts using their astonishingly intrusive targeting data, or just trying to have your thoughts heard, Facebook is the giant you can\u2019t ignore.&nbsp;<\/p>\n\n\n\n<p>For the crypto world, we can\u2019t ignore Facebook\u2019s January 2018 ban on crypto advertising and their casting of cryptocurrencies as a \u201cfrequently associated with misleading or deceptive practices\u201d.<\/p>\n\n\n\n<p>[Read]<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"280\" data-attachment-id=\"1285\" data-permalink=\"https:\/\/brianoflondon.me\/2019\/07\/facebook-lied-about-the-cryptocurrency-industry-to-destroy-it\/facebook-rules-january-30-2018\/\" data-orig-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018.png\" data-orig-size=\"999,934\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Facebook rules January 30 2018\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018-300x280.png\" data-large-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018.png\" src=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018-300x280.png\" alt=\"\" class=\"wp-image-1285\" srcset=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018-300x280.png 300w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018-768x718.png 768w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/07\/Facebook-rules-January-30-2018.png 999w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency.<\/p><\/blockquote>\n\n\n\n<p>Google and Twitter copied this weeks later. This attack on an entire industry that may one day compete with these incumbent giants doesn\u2019t appear to have been illegal in America (though it may have broken Australia\u2019s anti-cartel laws).<\/p>\n\n\n\n<p>America doesn\u2019t really have the same anti-trust regulations as Australia which is a pity. Even now the politicians don\u2019t seem to know what to do next. Toward the end of the hearing the politicians ask the panel what they suggest: the short version is they really don\u2019t know what to do about it.<\/p>\n\n\n\n<p>Speaking in a separate interview to the Verge<a href=\"https:\/\/www.theverge.com\/2020\/1\/23\/21078903\/podcast-house-antitrust-chairman-cicilline-tech-monopoly-vergecast\"><sup>\u20602<\/sup><\/a>, committee chairman David Cicilline said this:<\/p>\n\n\n\n<p>[Audio 36s]<\/p>\n\n\n\n<p>This is not an investigation that results in an enforcement action investigation.<\/p>\n\n\n\n<p>Congress is the only place that has the ability to actually change the statutes and update the laws and put proposed regulations in place that actually fix this marketplace. So unlike an enforcement action that focuses on the behavior \u2014 a single company gets directed to do a single thing \u2014 our work is much broader. And it is actually more significant because if we do it right, we can get this digital marketplace working properly. And that will benefit consumers. It will benefit the next great company that\u2019s going to come down the pike because competition was possible.<\/p>\n\n\n\n<p>The US Government is slowly coming to terms with the dramatic concentration of power which has happened to social media, online advertising, local, national and international news, retail sales and the distribution of apps on our phones, the most important communication devices in the world. It didn\u2019t happen overnight, but it happened to fast than for governments.<\/p>\n\n\n\n<p>But for those of us with the ear to the ground in the crypto world, where suspicion of big government and their regulations is real and well founded, how do we feel about whatever this committee will propose? Does anyone think US authorities have done a great job regulating crypto? Can we place most of their efforts in the category of mostly harmful?<\/p>\n\n\n\n<p>If you\u2019ve got an opinion, look me up on twitter @brianoflondon or @brianoflondon on Steemit. Tell me know what you think.<\/p>\n\n\n\n<p>For now, that\u2019s Brian\u2019s Alt-tech opinion.<\/p>\n\n\n\n<p><sup>1 <\/sup><a href=\"https:\/\/judiciary.house.gov\/calendar\/eventsingle.aspx?EventID=2386\">https:\/\/judiciary.house.gov\/calendar\/eventsingle.aspx?EventID=2386<\/a><\/p>\n\n\n\n<p><sup>2 <\/sup><a href=\"https:\/\/www.theverge.com\/2020\/1\/23\/21078903\/podcast-house-antitrust-chairman-cicilline-tech-monopoly-vergecast\">https:\/\/www.theverge.com\/2020\/1\/23\/21078903\/podcast-house-antitrust-chairman-cicilline-tech-monopoly-vergecast<\/a><\/p>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\" style=\"grid-template-columns:19% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"881\" data-attachment-id=\"186\" data-permalink=\"https:\/\/brianoflondon.me\/podcasts\/1-sheqel-coin_wm\/\" data-orig-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm.jpg\" data-orig-size=\"819,881\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Brian of London brianoflondon.me&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1 sheqel coin_wm\" data-image-description=\"&lt;p&gt;1 Shqel Coin&lt;\/p&gt;\n\" data-image-caption=\"\" data-medium-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm-279x300.jpg\" data-large-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm.jpg\" src=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm.jpg\" alt=\"\" class=\"wp-image-186 size-full\" srcset=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm.jpg 819w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm-279x300.jpg 279w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/1-sheqel-coin_wm-768x826.jpg 768w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>If you derive value from my work, please consider donating some value my way. <a href=\"https:\/\/brianoflondon.me\/donate\/\">You can find all the details on the donation page.<\/a><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide\" style=\"grid-template-columns:38% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" data-attachment-id=\"1222\" data-permalink=\"https:\/\/brianoflondon.me\/?attachment_id=1222\" data-orig-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18.png\" data-orig-size=\"1600,1600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"JPB-Liberty-Logo-1600-2019-06-18\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-300x300.png\" data-large-file=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-1024x1024.png\" src=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-150x150.png\" alt=\"\" class=\"wp-image-1222\" srcset=\"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-150x150.png 150w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-300x300.png 300w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-768x768.png 768w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-1024x1024.png 1024w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18-100x100.png 100w, https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/06\/JPB-Liberty-Logo-1600-2019-06-18.png 1600w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>You can <a rel=\"noreferrer noopener\" aria-label=\"join the fight against the Tech Goliaths (opens in a new tab)\" href=\"https:\/\/brianoflondon.me\/2019\/07\/people-are-starting-to-notice-jpb-libertys-massive-law-suit-against-facebook-google-and-twitter\/\" target=\"_blank\">join the fight against the Tech Goliaths<\/a> in two ways, you have a no win no fee claim or you wish to help finance the case.<br><br>&#x2b50;&#xfe0f; <a href=\"https:\/\/jpbliberty.formstack.com\/forms\/class_member_signup?Referral=tic-technology\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Please join the case<\/a> if you held crypto and have a claim.<br><br><a rel=\"noreferrer noopener\" aria-label=\"You can directly contribute on Fundition (opens in a new tab)\" href=\"https:\/\/fundition.io\/#!\/@jpbliberty\/iqx614ch7\" target=\"_blank\">&#x1f3c5; You can directly contribute crypto on Fundition<\/a>. To send fiat currency <a rel=\"noreferrer noopener\" aria-label=\"via PayPal click here (opens in a new tab)\" href=\"https:\/\/www.paypal.me\/jpbliberty\" target=\"_blank\">via PayPal click here<\/a>. If you want to talk about a large donation, <a rel=\"noreferrer noopener\" aria-label=\"Telegram (opens in a new tab)\" href=\"https:\/\/t.me\/brianoflondon\" target=\"_blank\">Telegram<\/a> or email me.<\/p>\n<\/div><\/div>\n<div id='exxp_wp_comment_feed'><iframe name='exxp_wp_embed'  onload=\"iFrameResize({ scrolling:true, heightCalculationMethod:'min'})\" src=\"https:\/\/two.exxp.io\/?author=brianoflondon&permlink=alt-techopinionforblocktvgovernmentvsbigtech-ldvr5ssd9v&display_comment=true&parent=https:\/\/brianoflondon.me\/2020\/02\/alt-tech-opinion-for-blocktv-government-vs-big-tech\/\" style=\"border: 0; width: 100%; margin-bottom: 0px !important;\"><\/iframe><\/div>","protected":false},"excerpt":{"rendered":"<p>This was my first Alt-Tech Opinion for BlockTV News. Welcome back to BlockTV. I\u2019m Brian of London and this is my alt-tech opinion for BlockTV on the 3rd of February 2020. It is a truth, universally acknowledged, that the big tech giants, Google, Facebook, Amazon and Apple have too much power and control. Whether that\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/brianoflondon.me\/2020\/02\/alt-tech-opinion-for-blocktv-government-vs-big-tech\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alt-Tech Opinion for BlockTV Government vs Big Tech&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"audio","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","filesize_raw":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[307,239],"tags":[207,308,235,141,81],"series":[],"jetpack_publicize_connections":[],"episode_featured_image":false,"episode_player_image":"https:\/\/brianoflondon.me\/blog\/wp-content\/uploads\/2019\/01\/Looking-north-from-Golan-blue-sky-clouds-2015-02-07-20x12.jpg","download_link":"","player_link":"","audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","class":"apple_podcasts","icon":"apple-podcasts.png"},"overcast":{"key":"overcast","url":"","label":"Overcast","class":"overcast","icon":"overcast.png"},"rss":{"key":"rss","url":"","label":"RSS","class":"rss","icon":"rss.png"},"itunes":{"key":"itunes","url":"","label":"iTunes","class":"itunes","icon":"itunes.png"}},"rssFeedUrl":"https:\/\/brianoflondon.me\/feed\/podcast\/brian-of-london","embedCode":"<blockquote class=\"wp-embedded-content\" data-secret=\"Vn59W8oM2Q\"><a href=\"https:\/\/brianoflondon.me\/2020\/02\/alt-tech-opinion-for-blocktv-government-vs-big-tech\/\">Alt-Tech Opinion for BlockTV Government vs Big Tech<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/brianoflondon.me\/2020\/02\/alt-tech-opinion-for-blocktv-government-vs-big-tech\/embed\/#?secret=Vn59W8oM2Q\" width=\"500\" height=\"350\" title=\"&#8220;Alt-Tech Opinion for BlockTV Government vs Big Tech&#8221; &#8212; Brian of London\" data-secret=\"Vn59W8oM2Q\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! 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