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Collecting Your Thoughts and Harvesting Your Mind, The Corruption of Big Tech is Finally Exposed - Nathan McDonald (29/03/2018)

From the archives of sprott money news

March 29, 2018

There is a war going on for your data, your wallet and ultimately your mind. This war has been campaigned stealthily, unbeknownst to all but the most informed and alert individuals.

For anyone paying attention, you could see the draconian landscape unfolding. Major tech firms have been passively harvesting your data without your explicit permission.

I have told people this for nearly five years now with mixed reviews. Some would look at me with confusion and shake their heads. Others would be shocked to learn the truth about the new "big brother" reality we all now live in. It was simple enough to discover if you knew which steps to take.

The exercise is simple. Grab your phone, go into a silent room and start talking about a store, a product or just about anything and then wait five, ten, fifteen minutes. Soon enough, you will see new ads appear on your YouTube videos. You will see new Google or Facebook ads relating to that thing you just spoke about—to yourself, privately, and to no other.

The scariest part is when it’s a topic that previously had no interest to you, one you never before inquired about on your laptop, phone, tablet or desktop computer.

Big tech is listening to you, and now the public is learning the truth. Finally.

The boiling point came over the past few weeks and has caused tremors through the monopolistic tech community. Stock prices have plummeted, and Facebook CEO Mark Zuckerberg has found himself in hot water.

Yet, as I pointed out, Facebook is not alone in these actions. Google, Twitter, Amazon and just about any other major social media platform are doing the same thing. And their stock prices are reflecting this.

What has outraged people on both the right and the left is the realization that Facebook is not just serving you ads, they are selling your private data to the highest bidder—some with political motivations in mind.

This corruption is something that needs to be stamped out, and if the tide of public opinion continues as is, there appears to be some hope. For too long, these "innocent" tech companies have abused the trust they were granted. For too long, they have sold your personal information to unsavory sources.

Big tech, as I wrote about last year , is not above the law. They are not too big to fail, and their day of justice is coming. Whistle blowers are coming forward and shedding more and more light on their corruption, and a tipping point will soon be reached.

The rise of ALT media will continue, and within the next decade, you will see a dramatically changed landscape. One that you could have never imagined just a few short years ago, when the major tech giants dominated all others and strangled the competition before they had a chance to take even a first breath.

In the end, the free market always exerts its will, no matter how long it has been contained. This is true in the precious metals space, this is true in the broader markets and this is true in the arena of political opinion, as the once "untouchable" tech giants are now bitterly learning.

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About the Author

Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.

Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.

In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world. He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.


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