But the power of the platforms, and the ability to create false personas and spread messages widely, allowed that to happen.
Though he says some technology advances could be problematic, eg Blockchain for advertising. No government could require them to remove an ad - it couldn’t be done. We might look back on now as the good old days...
He says this is a battle between nations
He says we also have to educate the users.
Jamie says it’s everything, because VCs take small enthusiastic company and put it on a rocket growt path. He quotes a VC that says he only funds biz that could become a monopoly
Therefore he says that it is essential we find new funding models to get a healthier tech sector.
Carole says Facebook is American company and doesn’t see itself as accountabile to European governments or democracies
“Facebook fucked up our democracy and I’m very angry and will keep banging out on it”
The Americans were caught out by their presidential election being sabotaged by the Russians, but their law enforcement is very alert now...
So if Russia does inerfere in the midterms and the US fails to defend against that, we will see what the response from America will be then.
There is disagreement about this on the panel, Carole is keen that they should be...