Motley Fool Money Containing Big Tech
Sep 24, 2023
Tom Kemp, a cybersecurity expert and author of "Containing Big Tech," dives deep into the murky waters of biometric data collection and the implications it holds for personal privacy. He evaluates which tech giants are doing right—and wrong—when it comes to privacy practices. The conversation touches on angel investing in cybersecurity and highlights critical vulnerabilities in current systems, stressing the urgent need for robust regulations. Kemp envisions a future where privacy is prioritized and advocates for transformative changes in how tech handles our data.
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Containing Big Tech
- Big Tech's intrusiveness and our dependence on them threaten our civil rights, economy, and democracy.
- These threats include over-collection of data, problematic AI use, and stifled competition.
Google's Antitrust Battles
- Google's dominance in search and ads is being challenged through antitrust lawsuits.
- The lawsuits allege Google leverages its market share to stifle competition, similar to Microsoft in the 90s.
Biometric Data Concerns
- Biometric data is concerning because it's permanent and can't be changed like passwords.
- Increased use of biometrics for services makes this data highly valuable and vulnerable to misuse.