With big tech under a microscope in Washington, Democrats and Republicans agree that laws need to be modernized in order to promote fair competition, particularly for small businesses that tend to get snuffed out by the giants, Rep. Ken Buck (R-Colo. 4th District), told Cheddar.
Members of both parties have released reports that look to establish pathways to breaking up tech giants, which they consider monopolies, and level the playing field in online marketplaces.
According to Buck, who wrote one of those reports, the issue becomes partisan when deciding how to regulate the big tech industry, an issue he said would be uncertain under a Joe Biden- Kamala Harris administration.
“The Trump administration has been fairly aggressive in this area and partly because conservatives believe that Google and Facebook and Twitter are biased against conservative views and have suppressed conservative views…,” Buck said.
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that its majority owned subsidiary Robotic Assistance Devices Mobile, Inc. (RAD-M) has begun a short private placement offering in accordance with Regulation Crowdfunding (Reg. CF) adopted by the U.S. Securities and Exchange Commission (SEC) through TruCrowd. Full details can be found here: https://us.trucrowd.com/equity/offer-summary/RAD-M.
RAD-M announces the launch of its dedicated website https://investinradm.com/ that identifies that letters of intent for pre-orders worth more than $16 million in total potential revenue of ROAMEO units have been received from a variety of dealers and end users including Fortune 500 companies.
“I believe this is a great opportunity for a wide variety of investors and enthusiasts to join the #RADArmy as we continue to define the Autonomous Remote Services industry that we expect will join manned guarding and physical security as a multi-billion dollar industry,” said Steve Reinharz, Founder and President of RAD-M. “End
Now that House Democrats have completed a sweeping antitrust investigation into Facebook, Apple, Amazon, and Google, they’re prepared to introduce new laws to curb the tech giants’ power.
The 449-page report published by the House Antitrust Subcommittee on Tuesday, as well as public statements by Democrats on the heels of the report, signal how they might go about changing the laws.
Antitrust court decisions in recent decades have focused on consumer welfare, but Democrats say laws need to be updated given that many tech companies don’t charge consumers for their products and have wide-ranging impacts on workers and other businesses.
The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, but higher value transactions, too.
Bitcoin (BTC) and other cryptocurrencies are certainly accomplishing a lot when it comes to creating a decentralized environment where the ability to trust another party is taken out of the equation by a blockchain. Hardcore enthusiasts who already understand this are the ones most willing to reach into their coffers and pour money into the crypto revolution. The truth is, though, that the average consumer still isn’t at that point yet.
Some libertarians probably don’t want to hear this, but in order for the crypto world to reach critical mass, it needs much broader adoption, and the average consumer is going to need another layer of protection in place. They need