Big Tech Backlash Brewing, Nobel Laureate Romer Says

The video discusses the impact of technology on social behavior, highlighting the shift from FOMO to Fogo. It explores the influence of tech companies, the potential backlash against them, and the role of legislation. The spread of disinformation through media platforms is examined, drawing parallels to yellow journalism. Finally, the video compares regulatory actions in the US and China, emphasizing the need for governance over powerful tech platforms.

What new acronym has emerged to describe the current social behavior influenced by technology?

• FOMO

• FOGO

• YOLO

• JOMO

How does the speaker compare the current technological landscape to historical events?

• It is similar to the industrial revolution.

• It is like the era of yellow journalism.

• It mirrors the dot-com bubble.

• It resembles the time of the railroads in 1930.

What is a significant concern about the new platforms mentioned in the discussion?

• They are difficult to access.

• They are not user-friendly.

• They spread disinformation rapidly.

• They are too expensive.

What is the main reason for China's regulatory actions against tech companies?

• To enhance technological innovation.

• To promote international trade.

• To control data and maintain governance.

• To increase their profits.

What is the potential risk if the US does not regulate big tech companies?

• They will stop innovating.

• They might become ungovernable.

• They will lose market share.

• They will face bankruptcy.