‘Digital colonialism’: Has big tech become the new East India Company, Technology News

By | February 18, 2021

‘Digital colonialism’: Has massive tech turn into the brand new East India Firm, Know-how Information

There are solely 22 international locations on this planet the British haven’t invaded. India too was a British colony between 1858 and 1947.

In 2021, the world is watching one other colonial menace, this time it is from massive tech. Many lawmakers lately have known as for legal guidelines and laws to rein in dominant tech firms similar to Fb Inc, Twitter Inc, Alphabet Inc’s Google, Amazon.com Inc and Apple Inc.

The massive tech has turn into the new East India Firm because it colonising the world.

The East India Firm started establishing buying and selling posts in India within the 12 months 1600.

In 1612, it defeated the Portuguese. Quickly it went after native merchants and killed their enterprise.

Amazon launched its operations in India in 2013. It started killing brick and mortar companies as a consequence of which a few of them moved on-line however they have been quashed by predatory pricing and prefered sellers.

When India introduced an investigation into Amazon in January 2020, the corporate challenged the probe.

Again within the seventeenth century- the British East India Firm had established a monopoly in India. As we speak, firms like Amazon are doing the identical.

Fb follows the identical technique to kill rivals, set up a monopoly. It has made at the very least 81 acquisitions since 2005.

When Instagram threatened Fb’s reputation, it was acquired in 2012. Then Fb began copying Snapchat’s options. It did all the pieces to make sure Instagram doesn’t have any main competitor.

Equally, when WhatsApp posed a problem, Fb purchased it as nicely in 2014.

Tech giants commonly purchase start-ups to kill innovation and drain small gamers by hiring or poaching their expertise. Many acquisitions by no means even make it to the headlines as Google has colonised the net search area.

As per the East India firm’s playbook, it went after insurance policies after establishing a monopoly.

By the 18th century, the buying and selling firm turned concerned in politics. Its intention was to take care of its buying and selling privilege and increase its wings.

As we speak, tech giants are doing the identical. Within the US Amazon is making an attempt to foyer in opposition to all its rivals by bidding for billions of {dollars} value of presidency contracts.

Amazon CEO Jeff Bezos has embedded himself in Washington. His $23 million mansion sits not too removed from the White Home.

In 2019, Amazon spent over $8.1 million on lobbying. That is greater than any tech firm.

A Bloomberg report claims- amazon has elevated its spending on lobbying by over 460 per cent since 2012.

Amazon reportedly paid zero federal tax on its income within the US In 2018. This was for the second 12 months in a row.

Amazon has been going through rising scrutiny by Indian regulators, and the newest report supplied an inside have a look at the cat-and-mouse recreation Amazon has performed with India’s authorities, adjusting its company constructions every time the federal government imposed new restrictions aimed toward defending small merchants.

After the 1757 battle of Plassey- the East India firm turned very highly effective. In 1764, it received the battle of Buxar. Quickly it was granted the Diwani of Bengal. 

Fb worn out pages from Australian state governments and charities in addition to from home and worldwide information organisations, three days earlier than the launch of a nationwide COVID-19 vaccination programme.

It is dictating phrases and bullying and blackmailing elected lawmakers. The corporate has blocked information and is controlling the attain of the press. Large tech has turn into that highly effective!

Fb has a historical past of abusing authorized gaps. It got here beneath limelight for the privateness issues of WhatsApp insurance policies lately.

The one manner to make sure that massive tech doesn’t re-inflict the injury carried out by the East India Firm is to legislate.

India should regulate massive tech, shield residence firms and the nation’s pursuits offline.

India should be taught from its historical past and be certain that the nation is not left susceptible to digital colonisation by massive tech because it was to British colonisation- by the East India Firm.

If within the 1600s India had the spices and uncooked supplies. As we speak, India has the world’s largest on-line market exterior China.

Within the 1600s- the Portuguese and the British East India firm have been betting on India. As we speak- it is the silicon valley giants.

India should be certain that this time that it emerges as the one winner.

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