Soros to Google and Facebook: “Your days are numbered”

https://www.timesofisrael.com/soros-to-google-and-facebook-your-days-are-numbered/

Billionaire investor George Soros launched a scathing attack on tech giants at the Davos summit on Thursday, calling them monopolies that could be manipulated by authoritarians to subvert democracy.

During an annual dinner he hosts at the World Economic Forum, held this week in the Swiss alpine resort, Soros turned his sights on a host of subjects including US President Donald Trump and the speculation frenzy surrounding the bitcoin cryptocurrency.

But much of the Jewish Hungarian-born financier’s ire was reserved for the tech giants of Silicon Valley who, he argued, needed to be more strictly regulated.

“Facebook and Google effectively control over half of all internet advertising revenue,” the 87-year-old told diners during a speech.

“They claim that they are merely distributors of information. The fact that they are near-monopoly distributors makes them public utilities and should subject them to more stringent regulations, aimed at preserving competition, innovation, and fair and open universal access.”

He predicted that tech giants would “compromise themselves” to access key markets like China, creating an “alliance between authoritarian states and these large, data rich IT monopolies.”

“This may well result in a web of totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined,” he warned.

Predicting governments would start to more heavily regulate the sector he said: “Davos is a good place to announce that their days are numbered.”

Known for his legendarily successful currency trading, Soros dismissed bitcoin as a “typical bubble.”

But he said the cryptocurrency would likely avoid a full crash because authoritarians would still use it to make secret investments abroad.

He described Russia’s Vladimir Putin as presiding over a “mafia state” and called Trump a “danger to the world.”

But he predicted that the US president’s appeal would not last.

“I regard it as a purely temporary phenomenon that will disappear in 2020 or even sooner.”

But the investor’s traditional Davos predictions do not always pan out. Last year in Switzerland he warned that the stock market rally would end after Trump’s election and that China’s growth rate was unsustainable.

China’s growth has continued while US stocks are regularly hitting record highs.

———-

not sure how we should take this..need to think about it a bit..

“Facebook and Google effectively control over half of all internet advertising revenue,” the 87-year-old told diners during a speech. “They claim that they are merely distributors of information. The fact that they are near-monopoly distributors makes them public utilities and should subject them to more stringent regulations, aimed at preserving competition, innovation, and fair and open universal access.”

george speaking through his pocket..not because he cares about us..

“He predicted that tech giants would “compromise themselves” to access key markets like China, creating an “alliance between authoritarian states and these large, data rich IT monopolies.”

thats correct however..

401

~ by seeker401 on January 30, 2018.

19 Responses to “Soros to Google and Facebook: “Your days are numbered””

  1. lol…maybe (they) start to consider it – FB&G too obvious and will try to put some make up on…
    https://www.bitchute.com/video/Kj2pVU32qas/

  2. “Billionaire investor George Soros launched a scathing attack on tech giants at the Davos summit on Thursday, calling them monopolies that could be manipulated by authoritarians to subvert democracy.”

    Facebook and Google most likely ARE part of the government, just ‘whose’ government, I’m not quite sure, since the CIA seems to be an international government entity of its own, and not necessarily owned by America. BUT, it seems Soros and his ‘ilk’ have their own monopoly as well.

  3. Soros, “should subject them to more stringent regulations”

    That is what he is calling for, which is the same old rhetoric. Facebook has been regulating itself, but also, has been pulled aside by gov’ts to make sure it does follow regulations, both old and new. Soros is not saying anything different. Facebook is in the public light, so public chastisement is not unusual.

  4. He would have stopped counting his days a long time ago without the baby blood injections!

    • interesting, thanks. I especially enjoyed the historic facts of the families and corporate backgrounds.

  5. we know THEY LUCIFERIAN biggest fear is EXPOSE

  6. http://www.imdb.com/name/nm0398185/?ref_=tt_ov_dr
    http://www.foxnews.com/politics/2017/01/27/democrats-reportedly-plan-scorched-earth-approach-to-fighting-trump.html

    • I’m beginning to feel like this a plan to make it easier for a one world government – The American people already don’t trust any of them. They are corrupt as hell and everyday they spit in the face of the people as if it’s just a game, and it might just be one sick game.

      I wonder why they think they will be protected from these maniacs who want to rule the world, when they should have already realized they are nothing in the big scheme of things to the ones on top of the pyramid – they will just dispose of them as easily as they put them and kept them in office.

  7. Hey Google……

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