Jim Stolze and Nicolas Lierman in conversation: Algorithm companies and digital monopolies
In this 5-part series, two innovation heavyweights go head-to-head to discuss the current and future state of affairs. AI entrepreneur and author Jim Stolze and MultiMinds’ Head of Innovation Nicolas Lierman have an in-depth conversation on innovation and technology. Part 5: how dangerous are algorithm companies and digital monopolies?
Remember when Facebook went down for six hours in October 2021? From one moment to the next, Facebook, Whatsapp and Instagram all seemed to have disappeared from the Internet, while people were scrambling for other ways to get in touch. It made everyone painfully aware of how much they rely on the services of just a handful of companies. But just how dangerous are these monopolies?