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BigTech
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- 1Big Tech issues up to $300bn in guarantees backing AI debt●“ #BigTech companies are rapidly expanding their use of #guarantees to back debt for #AI #datacentres and #chips , issui
Major technology companies are rapidly expanding the use of guarantees to back debt financing for AI datacentres and chips, issuing up to $300 billion in commitments in less than a year, according to analysis shared by economist Adam Tooze. The commitments largely stay off the companies' balance sheets, raising questions about hidden leverage in the AI buildout and how much risk the industry is actually carrying.
- 2Freedom United warns traffickers groom children on social media●# News : Freedom United warns # traffickers are using # socialmedia to groom and sell children while # BigTech hides beh
Anti-trafficking organisation Freedom United is warning that human traffickers are using social media platforms to groom and sell children, while major technology companies avoid legal accountability. The group says Section 230 of the US Communications Decency Act allows platforms to evade liability for hosting content that enables trafficking, and is calling attention to gaps in US law that leave children unprotected online.
- 3Social media users raise alarms over big tech surveillance●# bigtech # meme # surveillance # tracking # youth # socialmedia # future # online # internet # bigbrother # orwell # te
Discussion is circulating among internet users about big technology companies tracking young people online, framed through references to Orwell's Big Brother and themes of surveillance, big data, and the future of social media. The conversation uses meme-style tagging to criticise how surveillance and data collection are shaping the online economy and the experience of youth on the internet.