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Big Tech Reckoning

Summary:
Add to Bookmarks The COVID-19 pandemic has further highlighted the market power of large technology companies and the inadequacy of current digital governance and regulation. What should policymakers do to address Big Tech’s growing clout and build an equitable digital economy? In this Big Picture, the University of Cambridge’s Diane Coyle predicts that the accelerating shift online owing to the pandemic will intensify political and regulatory scrutiny of Big Tech. Robert B. Reich of the University of California, Berkeley compares today’s technology giants to the US “robber barons” of the late nineteenth

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The COVID-19 pandemic has further highlighted the market power of large technology companies and the inadequacy of current digital governance and regulation. What should policymakers do to address Big Tech’s growing clout and build an equitable digital economy?

In this Big Picture, the University of Cambridge’s Diane Coyle predicts that the accelerating shift online owing to the pandemic will intensify political and regulatory scrutiny of Big Tech. Robert B. Reich of the University of California, Berkeley compares today’s technology giants to the US “robber barons” of the late nineteenth century, and...

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