How Intra-Industry Conflicts Shape the TechlashThe SCIF
In 2013, The Economist coined the term “techlash,” predicting that CEOs of large tech firms would soon “join bankers and oilmen in public demonology.” In recent years, this has come to fruition.
A majority of both Republicans and Democrats now support increased regulation of the tech industry. Additionally, half of Americans favor breaking up large firms like Amazon, Facebook, Apple, and Google. Policymakers on both sides of the aisle are also increasingly critical of the tech industry, with Republicans focusing on concerns over free speech and political bias, and Democrats focusing on economic power and societal harms. This has driven new policy debates at federal and state agencies and in Congress.
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Tags: Big Tech