It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
"The companies claim that they are merely distributing information. But the fact that they are near-monopoly distributors makes them public utilities and should subject them to more stringent regulation, aimed at preserving competition, innovation and fair and open access."
As Facebook and Google grow, they are looking to bundle more services to offer to consumers. Soros said they "exploit the data they control" and use "discriminatory pricing" to do this. "Social media companies deceive their users by manipulating their attention, directing it toward their own commercial purposes, and deliberately engineering addiction to the services they provide. This can be very harmful, particularly for adolescents," Soros wrote. Manage
oros accused social media companies of "inducing people to surrender their autonomy" with the power to shape people's attention "concentrated in the hands of a few companies."
The danger, for the billionaire investor, is that these "data-rich IT monopolies" could form an alliance with authoritarian states that way "may well result in a web of totalitarian control the likes of which not even George Orwell could have imagined."
Does he have someone on the inside? He is saying this with absolute confidence which tells me he has an insider. Is is noticing larger social trends and calling out the culprit's?
On Wednesday, regulatory filings revealed that his firm Soros Fund Management had dumped all of its 109,451 shares of Facebook in the fourth quarter of 2017, although it did buy 1,600 shares of Google parent Alphabet in the same period.
originally posted by: 3NL1GHT3N3D1
a reply to: toysforadults
What points of views are those? I've never listened to a word Soros has spoken so I don't know what you're talking about. Quit assuming things about me, thanks.
I still have no idea what that link is supposed to be. Just looks like a website with a bunch of other links on it.
Absurd as it may sound the danger we face comes from the West, from politicians in Brussels, Berlin and Paris," Orban said to loud applause. "Of course we will fight, and use ever stronger legal tools. The first is our 'Stop Soros' law."
Orban has for years targeted Hungarian-born U.S. financier George Soros, whose philanthropy aims to bolster liberal and open-border values -- anathema to Orban, an advocate of a loose group of strong nation states that reject multiculturalism.
The Hungarian leader has advocated "ethnic homogeneity" and compared Soros, a Jew, to a puppet master unleashing immigration onto Europe to undermine its cultural and economic integrity.