Big Tech is facing a perfect storm of political resistance, but there are many cross-currents and hidden motives. TN expects that anti-trust legislation will ultimately be invoked to break up several of the largest semi-monopolies like Google and Facebook. What the EU is doing at this point it cut off the free consumer data that is the lifeblood of the industry. Expect a lot of chaos, lobbying, back-stabbing and corruption to follow.
April 1, 2018
This technology is the result of President Obama’s so-called ‘BRAIN Initiative’ (Brain Research through Advancing Innovative Neurotechnologies) that was launched in 2013 with a $100 million budget for grants to spur public-private partnerships. In the same light as the mapping the human genome project, the BRAIN Initiative intended to map the human brain and figure out how it works.
As Free Enterprise and Capitalism crumble at the disruptors of Technocracy, a very real human cost emerges and it isn’t pretty. Technocracy will lead the world back into the dark ages, with serfdom being the norm and property ownership reserved for a very few.