The billionaire investor and philanthropist George Soros has launched a blistering and multipronged attack on Facebook and Google

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Hes arguing the tech giants’ size and “monopolistic” behavior had made them a “menace” to society, damaged democracy, and encouraged “addiction” akin to gambling companies.
www.businessinsider.com/george-soros-calls-facebook-google-menace-society-obstacles-innovation-2018-1

Speaking on Thursday at the World Economic Forum in Davos, Switzerland, the Hungarian businessman said that “social-media companies influence how people think and behave without them even being aware of it,” adding that they have “far-reaching adverse consequences on the functioning of democracy, particularly on the integrity of elections.” Facebook’s and Google’s size, he argued, means they have become “obstacles to innovation.” He called for significantly more regulatory oversight of the companies, holding up the European Union competition commissioner, Margrethe Vestager, as a model that other regulators should emulate.
“The fact that they are near-monopoly distributors makes them public utilities and should subject them to more stringent regulations aimed at preserving competition, innovation, and fair and open universal access,” Soros said.
You can read his remarks at the bottom of this article.
“There could be an alliance between authoritarian states and these large, data-rich IT monopolies that would bring together nascent systems of corporate surveillance with an already developed system of state-sponsored surveillance,” he said. “This may well result in a web of totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined.”
“The owners of the platform giants consider themselves the masters of the universe, but in fact, they are slaves to preserving their dominant position,” he said. “It is only a matter of time before the global dominance of the US IT monopolies is broken. Davos is a good place to announce that their days are numbered. Regulation and taxation will be their undoing, and EU Competition Commissioner Vestager will be their nemesis.”

Haven’t heard anything from Soros in months and now this? Sounds like someone is about to release some damming evidence against this old guy and he’s preparing his defense. What do ya’ll think? Or is this a push to regulate the Internet?

Facebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.
“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, according to a transcript of his speech.
“This is particularly nefarious because social media companies influence how people think and behave without them even being aware of it. This has far-reaching adverse consequences on the functioning of democracy, particularly on the integrity of elections.”

www.theguardian.com/business/2018/jan/25/george-soros-facebook-and-google-are-a-menace-to-society
www.rt.com/news/417065-soros-social-media-blame/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome

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AC

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14 thoughts on “The billionaire investor and philanthropist George Soros has launched a blistering and multipronged attack on Facebook and Google

  1. oh poor georgie getting pissed that someone / something else if fucking up his plans….boofuckinghoo
    you reap what you sow you testicular faced piece of shit.

    • The odd thing is that he’s suddenly attacking those who are working TOWARDS his plans… But it’s probably just in order to push another organization he needs in place – the EU as a dictatorship over the continent.

      • Sadly, the likes of him have a tendency to live forever (see also Bush Sr.)… Probably because the devil is scared of admitting them into hell, knowing they might take his place given they’re more evil than him.
        McHitler is only 81. He’ll probably be terrorizing the world for 20 more years.

  2. Lemme guess……he’s going to come out with his OWN social media….with HIS TERMS of just HOW we are supposed to think and act!!!!

    • Unlikely, because Fakebook is essentially their own social media. They filter the news and they went as far as hiring a Rothschild as their Vice President of Infrastructure Software. Can’t get much more obvious to where their allegiance lies…

  3. Since I doubt Soros is suddenly turning reasonable, I think the key phrase people are overlooking is this one:
    “Regulation and taxation will be their undoing, and EU Competition Commissioner Vestager will be their nemesis.”
    In other words, as a message to anyone who thinks Fakebook and Google are getting too big (which should be just about anyone): “We need more regulation and higher taxes! And we need to strengthen the EU too. No more crazy talk of Brexit, Plexit, Frexit, … – United States of Europe now, only when the unelected EU commission has full control over Europe we MIGHT see some action against Google and Facebook.” (Which of course isn’t actually going to happen, the EU will be way too busy building up its army and placing it at Russia’s border)
    There’s a reason why he said it in Europe.

  4. PR much Soros? He has been taking a hit lately with his evil deeds being exposed so now he is trying to deceive people into believing that he is on their side. If you believe for one second that George Soros would do anything that would benefit you as a sovereign citizen then you have been drinking too much koolaid. This man goes below the root of all evil and makes regular evil look good. Satan worships HIM!

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