Description: In 2018 a new word entered Silicon Valley’s lexicon: the “techlash”, or the risk of a consumer and regulatory revolt against big tech. Today that threat seems empty. Even as regulators discuss new rules and activists fret about the right to privacy, the shares of the five biggest American tech firms have been on a jaw-dropping bull run over the past 12 months, rising by 52%.
Source: Economist.com
Date: Feb 22, 2020
Link: https://www.economist.com/leaders/2020/02/20/how-to-make-sense-of-the-latest-tech-surge
Questions for discussion:
- What does the article say should be a concern to consumers, management and investors in technology firms?
- Do you believe this concern is warranted?
- How do you see this industry evolving over the next decade?
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