Welcome to this week's edition of Trending, the newsletter where we highlight BI Prime's biggest tech stories. I'm Alexei Oreskovic, Business Insider's West Coast bureau chief and global tech editor.This week: When tech's overlords can't keep safe, what hope is there for the rest of us?
The captains of the tech industry are rubbing shoulders with world leaders and other grandees in Davos, Switzerland this week. But the usual business of schmoozing among guests is very likely tinged with a dash of paranoia, what with all the talk in the air of Russian spy-plumbers and hacking from the House of Saud.
It's an ironic twist for an event in which privacy and trust in the digital age are at the top of the agenda. The reality is that the so-called Fourth Industrial Revolution — be it due to insufficient regulations, ignoble incentives or a mix of other factors — is such a chaotic free-for-all right now that even the people leading it don't know how to stay safe anymore.
To the extent that tech execs are willing to publicly acknowledge this untenable state of affairs, we hear a lot of pleas for government oversight , government leniency , and sundry self-serving press releases.technology has thrust us into a "clearly new and much more complicated age." Between comments about how Facebook is "democratizing access for small businesses," Sandberg announced a new "privacy checkup" tool for the social network's 2 billion users. That's a nice step but somehow I don't think this check-up tool would have detected the germ that spread through Facebook's WhatsApp and leaked Jeff Bezos's intimate selfies.
Tech is the product of Science which is not the property of stupid peasants, venture capitalists and bankers. Science like existence belongs to the future of intelligence, and Intelligence wins the armsrace.
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