Tech Regulation in the 21st Century
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Chen Wei
1 week ago

Big tech companies hold unprecedented power over information and commerce. A new regulatory body is needed to address issues of data privacy, monopolistic practices, and algorithmic bias. This body should have the power to break up companies that stifle competition and enforce strict data protection laws inspired by GDPR...

This idea proposes a fundamental shift in how we approach social welfare and economic stability. By decoupling income from work, UBI could provide a safety net for all citizens, allowing them to pursue education, start businesses, or care for family members without the constant pressure of financial instability.

The funding model is crucial. A carbon tax would not only generate revenue but also incentivize a transition to a greener economy. Simultaneously, streamlining the welfare system would reduce administrative overhead and redirect funds more efficiently. Critics raise valid concerns about inflation and work disincentives, but pilot programs around the world have shown mixed but often positive results, suggesting these challenges can be managed with careful policy design.

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Alex Johnson

· 6 days ago

Break up big tech? That sounds drastic. Wouldn't that stifle innovation?