Another truly awful idea from a many with many bad ideas….. while we are at it, let’s just get rid of all publicly owned companies.
UK Labour Leader Jeremy Corbyn proposes a publicly-funded alternative to Facebook How best to counteract the Facebook effect in political and other discourse? Consider a plan to create an alternative funded by public money. That was the suggestion today put forward by Jeremy Corbyn, the leader of the Labour Party in the UK, who proposed the creation of a “British Digital Corporation” (BDC) that would be a sister organization to the BBC (the publicly-funded British Broadcasting Corporation), and would work as both a think-tank to lead on digital policy and technology, as well as become the home of non-profit services to rival those that are for-profit, including a Facebook alternative. “A BDC could use all of our best minds, the latest technology and our existing public assets not only deliver information and entertainment to rival Netflix and Amazon, but also to harness data for the public good,” Corbyn said today, in a speech delivered during the Edinburgh TV festival. “A BDC could develop new technology for online decision making and audience-led commissioning of programmes and even a public social media platform with real privacy and public control over the data that is making Facebook and others so rich.” The full text of his lecture can be found here .
Source: UK Labour Leader Jeremy Corbyn proposes a publicly-funded alternative to Facebook