With the covid-19 pandemic being at a critical juncture and disinformation posing a serious threat both to the health and wellbeing of citizens as well as to democratic institutions, as has already been seen with Facebook’s Cambridge Analytica scandal, this level of oversight might not be all that difficult to secure. That said, the EU has been putting a lot of pressure on tech industries for quite some time now, and while it is a far too valuable a market for tech industries to start pulling out this much pressure could very likely shift the focus of the tech industry to emerging markets that might not have this level of regulation.
Then again, the EU putting so many regulations in place could inspire other countries to follow suit, something that would create a very different dynamic between consumers and the tech industry. Anyone would agree that oversight is definitely quite necessary, but how much of it can practically be implemented is the sort of question that would only end up being answered after some time has passed and the regulations themselves have been tested.
Photo: Karl Tapales via Getty Images
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