Friday, 08 June 2018
In the years before the 2008 crash, Vince Cable built a reputation for seeing further ahead than most in politics and economics. Vince’s essay in the new Social Liberal Forum book “Four Go in Search of Big Ideas” enhances this record.
Writing before recent revelations about Cambridge Analytica, he identified: “the heart of the worries growing deeper about the data giants: that by filtering the information we receive they can influence not just the goods and services we consume but how we vote and, indeed, what we think”.
Vince sets out the threat to democracy: “Even if the owners of the platforms are benign and well-intentioned, the systems they have created and now monopolise may threaten democracy as we know it”. “Their systems can be used for surveillance by building up a profile of targeted individuals. Elections in many countries often revolve around which candidate has the largest, engaged, Facebook following while the US President’s Twitter following has become a means of short-circuiting the checks and balances built into media coverage”.