{"id":11048,"date":"2020-10-30T21:57:00","date_gmt":"2020-10-31T04:57:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11048"},"modified":"2020-11-12T21:59:21","modified_gmt":"2020-11-13T04:59:21","slug":"go-schmidt","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2020\/10\/30\/go-schmidt\/","title":{"rendered":"Go Schmidt!"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/finance.yahoo.com\/news\/former-google-ceo-calls-social-200127402.html\" target=\"_blank\" rel=\"noreferrer noopener\">from Yahoo! Finance<\/a><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Former Google CEO Calls Social Networks \u2018Amplifiers for Idiots\u2019<\/h2>\n\n\n\n<p>by <strong>Gerrit De Vynck<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"p-ba18604b-caf5-32ba-9c31-f6eec45917d7\"><img decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/E2WFnjC_Fs1sYtZAF75dlQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MC4zMg--\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/BJjx3z8FZcRl8PDY.jqLoA--~B\/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--\/https:\/\/media.zenfs.com\/en\/bloomberg_technology_68\/b1fcecffb969da9acd1bd2694d43f107\" alt=\"\"\/><\/figure>\n\n\n\n<p>(Bloomberg) &#8212; Former Google Chief Executive Officer Eric Schmidt said the \u201cexcesses\u201d of social media are likely to result in greater regulation of internet platforms in the coming years.<\/p>\n\n\n\n<p>Schmidt, who left the board of Google\u2019s parent Alphabet Inc. in 2019 but is still one of its largest shareholders, said the antitrust lawsuit the U.S. government filed against the company on Tuesday was misplaced, but that more regulation may be in order for social networks in general.<\/p>\n\n\n\n<p>\u201cThe context of social networks serving as amplifiers for idiots and crazy people is not what we intended,\u201d Schmidt said at a virtual conference hosted by the Wall Street Journal on Wednesday. \u201cUnless the industry gets its act together in a really clever way, there will be regulation.\u201d<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/finance.yahoo.com\/news\/former-google-ceo-calls-social-200127402.html\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at Yahoo!<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from Yahoo! Finance Former Google CEO Calls Social Networks \u2018Amplifiers for Idiots\u2019 by Gerrit De Vynck (Bloomberg) &#8212; Former Google Chief Executive Officer Eric Schmidt said the \u201cexcesses\u201d of social media are likely to result in greater regulation of internet platforms in the coming years. Schmidt, who left the board of Google\u2019s parent Alphabet Inc. [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-11048","post","type-post","status-publish","format-standard","hentry","category-mirth"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11048"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11048\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}