A third path for Silicon Valley
Photo: Getty Images

A third path for Silicon Valley

With each story about data, privacy and the power Silicon Valley firms have amassed, debate over what to do with Big Tech rages on. This week we learned the Senate Commerce, Science and Transportation Committee voted to subpoena the CEOs of Facebook, Google, and Twitter to testify before Congress after they declined to appear voluntarily. 

The questions are around Section 230, a law that protects social platforms from liability over what their users post. There are also broader concerns over antitrust and anti-competitive behavior. 

Often these arguments boil down to critics on one side calling for tech companies to be cut down to size through aggressive regulation. The industry then spits back that such moves would dampen innovation and harm competition.

This week, tech executive and author Maelle Gavet came to LinkedIn to propose a third path. In her opinion, Big Tech can still enjoy its success — but also acknowledge and work to fix its toxicity. Gavet believes the government should intervene in specific areas like “antitrust, taxation, privacy, disinformation, AI, and labor law,” instead of full scale regulation. 

The idea comes from her book “Trampled by Unicorns: Big Tech's Empathy Problem and How to Fix It.” Gavet says that ideally, “Big Tech would have gotten its own house in order,” but she suggests that this partnership approach can counterbalance the industry’s relentless pace with “the moderating influence of democratically elected governments” and leave us in a better place: “not less tech, but more empathetic tech, and not less capitalism, but more human-centered capitalism.” 

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Do you agree with Gavet? Does Silicon Valley need major government regulation, self regulation, or this third path? You can weigh in on her post here

What other authors are up to on LinkedIn

  • In an interview with me on LinkedIn News Live, Whole Foods CEO John Mackey called 2020 the worst year of his life. We spoke about the pandemic’s effects on retail and his new book “Conscious Leadership: Putting Purpose into Action.” 
  • Retired Wall Street Journal editor Joann S. Lublin shares an article on how women can excel at office politics while working remotely. It’s pegged to her book out early next year, “Power Moms: How Executive Mothers Navigate Work and Life.

Thank you for reading. Get in touch with your ideas and questions about #BookIt. You can subscribe with the button at the top of this article if you'd like to receive the newsletter regularly.

Mont Black

Set up operator at Acuity Brands

2 年

??

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Lisa Larson

Uber Financial Analyst

2 年

I’m watching, all social agenda. The power of what they are stealing from all these forms to brain wash the public.

Benjamin Hurst

Principle Investigator

2 年

My company M.T.r.s.services would be one of the organizations that offers a third party service for big Tech to consult with as well as to embody other functions within the process of carrying out inappropriate business momento. The overall goal in mind is to maintain transparency and re-establish verified authentication methods First Security purposes and to do so in an entropic Manor that affirms any questioning of the integrity of these authentication methods. But with that being said it is not a direct attack towards Big Tech or any positions upon which the leaders of this very industry have work so hard to establish and maintain the ownership of these positions and the benefits that follow but there is a certain point where you must draw the line between Enterprise Monopoly and Empire out of the three Enterprise is the only legal pursuit that such organizations May embody. And in reference to the industry what that what was there Innovations impossible! The only good credit is credit that is granted when it's due.

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