However, these Companies do not produce anything tangible. They enjoy huge profits without production. Economics cannot explain why FaceBook is today a multi billion dollar establishment. And it produces nothing. It sells nothing. And yet its profits are huge. Since these Corporations do not produce anything tangible bringing them under the anti trust laws may for that very reason be difficult. Some US states have begun steps to curtail the power and reach of these Sultans of Big Data. But these attempts are few and lack a central focus. Hawley has identified what he thinks is a chink in the armour: the lack of competition and the virtual monopolies these tech companies have acquired in their respective domains.
All these four tech companies have one feature in common: they acquire and store huge amounts of personal data about their users. FB for instance has a user base several times bigger than the population of more than half the countries of the planet put together, And Mark Zuckerberg is quoted as saying that the Corporation is "built to accomplish a social mission". It is precisely this messianic ideology of the Mega Tech Companies that makes them suspect. Unlike political parties that carry out their mission in public, these Big Tech Corporations are shrouded in a veil of secrecy. And the alliance with "Wokeism" makes companies like Twitter engage in political brinkmanship without any concern about public good or welfare. The huge capitalization of these tech giants protects them from public scrutiny and gives them unprecedented power over the political sphere. The fact that Donald Trump was deplatformed by Twitter is not surprising. What was remarkable was that they chose to wait till the results of the controversial elections were declared. Josh Hawley himself is at the cross hairs of the Big Tech Giants fr his role in rallying opposition to the declared victor in the November 2020 Presidential Elections. Twitter is at the moment engaged in a heated battle with the Government of India over its partisan role in what is now called the "tool kit controversy" in India. It is still too early to say who will blink--Twitter or Government of India. The point here is compliance with National Law. Do States have the ability to police these digital East India Companies.
All these Mega Tech Corporations collect Data in the form of personal data, online transactions, communications, bank details, geo locational data surveillance data etc. While much of the data stored is probably useless, the data points provide the basis for the prediction of behavior and it is here that the political reach of Big Data comes into play. In USA where 85 % of the population has smartphones and is online 24*7, Data stored when shared with political action groups can tilt the outcome of elections. It is certainly possible that the hostility towards Dona; Trump uniformly displayed by these tech giants played an important role in the Elections.
Hawley is a conservative and hence he sees the danger of Constitutional Rights and Liberties eroded largely as a fall out of the hunger for Big Data. With statistical Data Mining Programmes it is possible to use the aggregate data for marketing political campaigns and consumer behaviour. The Algorithms are powerful enough to seize changes in behaviour. After the January 6th 2021 Protests the FBI was given access to the Data from Banks located in the bloocks around the Capitol and all those who visited Banks for purely banking transactions were now parsons for interest for the FBI.
Josh Hawley has written an important book. I have no doubt that just as it took a few voices in the wilderness to raise the anti Slavery Movement, the anti Big Tech Movement will also gather strength. What is at stake here is the future of Humankind.
