Disparity in Silicon Valley wealth raising questions
08 November 2015, Nirapad News: The bigger point is that there are good reasons for people to worry about the Silicon Valley behemoths. The disparity in wealth between San Franciscans in the tech sector and other fields is raising questions about how the city can remain a home for both groups. Transport services such as Uber are threatening the livelihoods of taxi drivers around the world.
The systemic online snooping into our personal affairs by private-sector entities points to the need for new rules of engagement.
A political reckoning with the big Silicon Valley groups is in order — just as one was with the leading banks when they were spreading their tentacles during the past decade. All it would take to get started would be one presidential candidate serious enough to talk with the American people about such things.