Billionaire says social media companies ‘days are numbered’Soros warns of ‘far-reaching adverse consequences’ for democracyFacebook and Google absorb become “obstacles to innovation” and are a “menace” to society whose “days are numbered,said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, or according to a transcript of his speech. Related: Tech's terrible year: how the world turned on Silicon Valley in 2017 Continue reading...
Source: theguardian.com