IML Ep 7 - Big Tech Companies: Too Big to Fail?

30/05/2018 21 min
IML Ep 7 - Big Tech Companies: Too Big to Fail?

Listen "IML Ep 7 - Big Tech Companies: Too Big to Fail?"

Episode Synopsis

Before Google, Facebook, Apple & Amazon, who dominated headlines? Big bad invenstment banks were at the forefront, but now the tech industry is front and center. Are the big 4 tech companies too big to fail? And do they own us?

Here's what we cover in this week's episode:
- Are these companies ethical? How do we define evil? Is there a line that companies can cross?
- How long will it take our government to catch up to these new leaders and begin to effectively regulate them?
- These companies market themselves as "connection" platforms, even though they're really about monetization and collecting data. Can we see beyond the marketing?
- How are all these companies integrated with each other? Who does it best?
- What the future looks like: what's the business model when these platforms have amassed all our data? Will Facebook become less of a "requirement" down the line, or are these companies here to stay in some form?
- What would happen if Facebook or Google went under?

Plus, we discuss what's exciting us in the world of technology and innovation this week: Beefchain (blockchain for beef) and Wikibuy.