(Reclaim The Net)—Former Google CEO Eric Schmidt has stirred controversy by criticizing social media’s handling of “misinformation,” describing it as a regulatory failure and branding social media as a “threat to democracy.” His comments were made in response to ideas raised by a fourth-year graduate student in molecular biology, during a discussion on the broader impacts of technology and artificial intelligence.
Schmidt, who played a pivotal role in shaping the digital world, including the carelessness when it comes to online privacy, asserted that the original developers of social media did not foresee its potential negative impacts on democratic values. “None of us thought when we invented social media that we would become a threat to democracy,” Schmidt said.
In his critique, Schmidt called out social media companies for their allegedly lax approach to “misinformation,” suggesting that their failure to police content stemmed from a lack of regulatory compulsion and was driven by profit motives. “The misinformation one is easy,” Schmidt explained, claiming that “the social media companies have chosen not to police it because they haven’t been required to and they make more money because of it.”
However, Schmidt’s stance will raise concerns among free speech advocates who argue that his call for more stringent regulation could lead to excessive censorship and infringe on free expression. Critics argue that the solution to “misinformation” should not rely solely on increased regulation and censorship, but by encouraging open discourse that allows ideas to be debated and scrutinized in the public space.
Schmidt has been a controversial figure in privacy and surveillance discussions. His leadership saw Google vastly expand its data collection, using personal information to tailor advertisements, which raised significant privacy concerns. Schmidt’s views on privacy, epitomized by his statement, “If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place,” showed a dismissive attitude toward privacy concerns and alarmed both privacy advocates and the public.
Schmidt’s tenure also involved privacy breaches, such as the unauthorized collection of data from unsecured WiFi networks by Google Street View cars, leading to international fines and investigations. Further controversy stemmed from Google’s alleged cooperation with the US National Security Agency (NSA), sharing user data without clear user consent.
Schmidt has, more recently said there should be no online anonymity when using AI.
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
