Lord Puttnam: We need regulation to curb data capitalism
In a high-concept, passionate RTS lecture, illustrated by film clips and quotes from such 20th century giants as John Maynard Keynes and Bob Dylan, Puttnam mounted a passionate case for media regulation to curb the excesses of “data capitalism.”
“Tech monopolies (Google, Amazon, Facebook) are taking over the internet. A pernicious form of corporatism could, under the wrong set of circumstances, replace democracy as we have known and enjoyed it,” he said.
It was “nonsense” that these companies were too big to regulate.