Syed Amir Haleem warns of the dangers posed by the big tech companies.
Back in the late nineties during the boom of cable TV, we had an old saying in the media industry… if you are not paying for the product then YOU ARE THE PRODUCT! And what a product you all are. The giants of the world are right now fighting over you, battling it out to win your eyeballs, because those eyeballs are the most powerful currency in the digital age. If you think ex-President Trump tried to ban TikTok for any other reason than to help American platforms retain the lead on social business revenue, then you are very naïve and gullible indeed. To put a number to it, Facebook earned $86 billion last year and by their own admission, 97% came from advertising on their various platforms. Google earned $146.92 billion through advertising. These are serious numbers.