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George Soros: Google and Facebook 'Deliberately Engineer Addiction'

George Soros: Google and Facebook 'Deliberately Engineer Addiction'

Billionaire investor George Soros on Thursday warned that President Donald Trump's administration threatens to put the US and North Korea on a war footing.

Soros notes how Europe protects against the abuse of monopolies regardless of how their power was achieved, unlike the US, which regulates based on acquisitions.

"Open societies are in crisis and there are increasing forms of dictatorships and mafia states, exemplified by Putin's Russian Federation", he said. South Korea's President Moon Jae-in thanked Trump for contributing to this development.

If the resilience of the USA system was encouraging, Soros intimated, there were still grave dangers to be faced, including the rise of authoritarianism in places like Hungary and the fact that under Trump "the United States is set on a course toward nuclear war by refusing to accept that North Korea has become a nuclear power".

George Soros is best known as an investor, philanthropist and political activist, but his speech at the World Economic Forum in Davos, Switzerland, was about way more than just policy.

Comparing them to a casino, Soros shared the sentiment of former Facebook president Sean Parker, who said the social giant makes people addicted to its platform by "exploiting a vulnerability in human psychology".

"But I regard it as a purely temporary phenomenon that will disappear in 2020, or even sooner.' Soros predicted a Democratic 'landslide" in the 2018 elections. "They deliberately engineer addiction to the services they provide", Soros said. "This can be very harmful, particularly to adolescents".

Kannada organisations call for state wide Bandh, normal life hit hard
Kannada Paksha leader Vatal Nagaraj along with the Mahadayi Agitation Committee had planned for a Karnataka bandh on January 27. The outfits are demanding that Prime Minister Narendra Modi intervenes in the dispute between Goa and Karnataka.

In her speech at the World Economic Forum yesterday, Theresa May said: "These companies simply can not stand by while their platforms are used to facilitate child abuse, modern slavery or the spreading of terrorist and extremist content".

"This may well result in a web of totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined", he said.

Tech and social media affect how people think and behave, according to Soros.

Soros warned that these companies would likely "compromise themselves" to enter the Chinese market.

Soros suggested Facebook and Google should be subject to more stringent regulations which would "preserve competition, innovation, and fair and open universal access", as well as taxation, stating that those two factors will be the death knell for the companies.

However, his most controversial comments focused on President Trump, saying he believes his administration is "a danger to the world". That isn't the case with the European Union (E.U.).

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