Data is the New Plutonium
Stefan Lindström is Finland’s Ambassador to Technology and Digitization with a global mandate to address the issues that arise from the expansion of digital technology into the economy, society and government. Statesmanship today is not limited to trade and defense issues, it now includes cybersecurity and extraterritorial regulation of software platforms. Topics discussed in this episode: the tension between markets and public policy; the implications of the Digital Markets Act, Digital Services Act and other EU regulations; the consequences of META’s $400+ million GDPR fine; the 40X increase in the number of lobbyists for the technology industry; tax avoidance by big tech; the USA’s inability to enact regulation of digital markets; the prospect of a global regulatory alliance; why data is the new plutonium; China’s looming demographic challenge; why the profit motive may be a fundamental flaw in globalized corporations; how converging planetary-scale issues are driving a philosophical shift for humanity.
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