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Project Syndicate: Big Tech, after years of watching us, is now being watched

CAMBRIDGE, U.K. (Project Syndicate) — The maturation of the digital revolution has defined the first two decades of the 21st century.

The central economic disasters of this period — the 2008 global financial crisis and consequent “Great Recession” — were driven by the proliferation of digital securities and the illusion that digital programs could measure and manage their attendant risks. And the social environment in which individuals consume information and execute transactions has been reconstructed according to the terms set by Amazon AMZN, +0.54% Apple AAPL, -1.03% Alphabet GOOG, -0.70%GOOGL, -0.63% and Facebook FB, +0.84%

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