" but a major one was the exodus of financialization experts from Wall Street to Silicon Valley. Suddenly the "get rich quick" mentality that had caused the 2008 crash was being adopted by senior leadership at Big Tech firms. "
Stop with these 'blame wall street' populist fantasies.
The 'fault' of 'whatever' is happening is 100% tech and it has nothing to do with bankers.
In reality, young people coming into the industry with a different set of values than those that came before them are driving this. A generation that simultaneously declares to be more 'socially conscious' is literally driving these activities, which is quite hypocritical.
The shift is easy to see: people having grown up more separated from their communities, with culturally secular values (not bad one's just more intellectual than rooted in relationships with those around them) can simultaneously detach themselves from the consequences of their outcomes at work, while at the same time participating in a 'protest' about something or the other in order to validate their self-identity as 'socially conscious'.
We're going to need a broad set of basic regulations, hopefully not too harsh, probably led by the EU as the only institution that seems to have enough power and wherewithal to care enough.
While note making any statement about politics - Biden's 'side' would be the most likely group to be concerned about privacy, and yet we haven't heard a peep about them on the issue. The other 'side' is deeply concerned about 'freedom of expression' which is good, perhaps they can find a way to make some legislation about it.
" but a major one was the exodus of financialization experts from Wall Street to Silicon Valley. Suddenly the "get rich quick" mentality that had caused the 2008 crash was being adopted by senior leadership at Big Tech firms. "
Stop with these 'blame wall street' populist fantasies.
The 'fault' of 'whatever' is happening is 100% tech and it has nothing to do with bankers.
In reality, young people coming into the industry with a different set of values than those that came before them are driving this. A generation that simultaneously declares to be more 'socially conscious' is literally driving these activities, which is quite hypocritical.
The shift is easy to see: people having grown up more separated from their communities, with culturally secular values (not bad one's just more intellectual than rooted in relationships with those around them) can simultaneously detach themselves from the consequences of their outcomes at work, while at the same time participating in a 'protest' about something or the other in order to validate their self-identity as 'socially conscious'.
We're going to need a broad set of basic regulations, hopefully not too harsh, probably led by the EU as the only institution that seems to have enough power and wherewithal to care enough.
While note making any statement about politics - Biden's 'side' would be the most likely group to be concerned about privacy, and yet we haven't heard a peep about them on the issue. The other 'side' is deeply concerned about 'freedom of expression' which is good, perhaps they can find a way to make some legislation about it.