Regulating big tech too heavily now could shackle an industry that is set to grow at incredible speeds over the next decades. That would be a huge mistake, infers Mark P. Mills of Real Clear Politics. Limiting tech companies’ playroom now could be counterproductive by benefiting big players that can afford the teams of lawyers to navigate new hurdles. It would risk choking the next Facebook by making it impossible for small startups to compete. Giving these companies the space to succeed will be crucial as the internet of things and AI revolutionize the world. Too much oversight could encourage them to go abroad instead.
For too long, tech companies have done what they wanted; it is time to properly regulate them, writes Adonis Hoffman in The Hill. As their technologies have taken over people’s lives and recorded increasingly personal details, there needs to be some oversight as to what they are allowed to do with this information. The recent scandals involving the industry indicate that it doesn’t know what to do with all this power. Big tech has been given too much leniency by Congress, which has focused on creating profits rather than protecting Americans. Proper rules need to be established for these companies.