Google IS Your God
“Does Big Brother exist?"
"Of course he exists. The Party exists. Big Brother is the embodiment of the Party."
"Does he exist in the same way as I exist?"
"You do not exist.” ― George Orwell, 1984
If you do not believe Google is your God, think of your name and your profile picture then think of anything you have ever put into that search bar: “How to get to get to work from home? How do I cure slap cheek? How to know if she likes me? What is the weather like today? How do I get divorced?’’ Google knows if you are having a new baby and what the sex is likely to be before you tell some of your close friends. How might you ask? It is quite simple if you haven’t already noticed.
You ask Google these questions when you input into the search engine. After hitting the keys into that search bar, Google like the all-knowing almighty answers your questions and like an answered prayer, it leaves you satisfied. Sit and think about this carefully and you will soon realize that you trust Google more than any entity in the world.
Both Google and Facebook are THE biggest monopolists of user data on the planet. https://threadreaderapp.com/thread/977559925680467968.html on that link you will find all the data Google has on you; all locations you have ever visited, your entire calendar, all your searches (even the ones you deleted), your contacts all your appointments name it it's all there.
Funny enough people are afraid and do not want governments to have their private data, however, they will give up the data to these Internet companies for the price of nothing. These companies use that data and a sophisticated dopamine trigger mechanism to create a system where users click on like buttons and share their data unknowingly to advertisers. YOU are the product.
Regulation is around the corner, however, we will not see it from the US yet as they do not have the will nor IQ to take on big tech giants. Mark Zuckerberg masterfully used their own rules in his questioning with the senators a few weeks ago. For anyone who watched his testimony, notice how skilfully he took his time to answer their questions until each senator ran out of the allotted 5minutes they had to question him. In light of that, we can forget about the US government doing anything substantial as these two behemoths have lobbyists working round the clock to protect their interests.
I think the battle lines will be drawn in Europe because these platforms have had more of a negative impact there than in the US i.e. weaponization of elections, low tax payments, anti-competitive behavior and negative effects on the mental health of its users due to the inbuilt dopamine mechanism on the platform. We have started seeing it in GDPR the new data regulation act there will be more to come. THERE IS A PROBABILITY OF FINES AND SANCTIONS COMING AND SMART INVESTORS ARE BECOMING CAUTIOUS.
In the short-medium term, we can reach all-time highs but this is one market I would stay away from. If Google breaks the above trend line I will get short based on my thesis on government regulation. This I believe will be a turning point in the business cycle.
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