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Will Government Intervention Solve High-Tech’s Problems?

At the COSM summit in October, a Wall Street Journal columnist will make the case for no
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Elizabeth Warren, seeking the Democratic Party’s nomination for U.S. President, is campaigning in part on breaking up Big Tech and regulating it more heavily. With an election next year, the idea is sure to be on many agendas.

But Andy Kessler, Inside View columnist at The Wall Street Journal “on technology and markets and where they intersect with culture,” is a skeptic of Big Regulation. He has seen the issues from a variety of positions, having been both a software designer and an investment broker. He will be speaking on “Tech Regulation vs. Tech Revolution” at the COSM Summit, Friday, October 25 at 10:30 am.

He is also the author of several books including Wall Street Meat: My Narrow Escape from the Stock Market Grinder (2004) and Eat People: And Other Unapologetic Rules for Game-Changing Entrepreneurs.

About the latter, we learn from the publisher (Portfolio), “The era of easy money and easy jobs is officially over. Today, we’re all entrepreneurs, and the tides of change threaten to capsize anyone who plays it safe. Taking risks is the name of the game-but how can you tell a smart bet from a stupid gamble?”

Kessler has enough ideas to stimulate or irritate many, as his columns suggest, for example recently: WSJ: Have No Fear of Facial Recognition and WSJ: Social Media and Hawley’s Folly, on the recently introduced Social Media Addiction Reduction Technology Act.

Some quotes:

Give me a big enough sandbox to play in, and I’ll find the part of it not being used as kitty litter.

The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world.

By the way, I love paradoxes. They usually mean someone doesn’t understand what’s really going on and you can invest in things other people “can’t know.” I start salivating when I hear that word paradox.

Note: You can read his WSJ columns, in part, at his site.


Other featured speakers at the conference, in addition to Oren Etzioni and the panel on whether AI is dumbing us down, and Ray Kurzweil, include Steve Forbes, Peter Thiel, and Ken Fisher, discussing where headline news like artificial intelligence, cryptocurrency, self-driving cars, e-commerce, and biotech is going.

Note: Keep an eye on the dates. The early adopter conference rate ($950) for COSM is only available until September 6. After that, it is $1,450. Until October 11, that is, when it goes to $1,950. If you think you should be there, do not wait to register.


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Will Government Intervention Solve High-Tech’s Problems?