TOP TECH TRENDS TO LOOK OUT FOR TECH NEWS IN 2021

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2021 is expected to be a mixed bag when it comes to tech trends. While new technological developments in the fields of homeworking and other areas will make your life easier and better, bosses of tech giants such as AmazonFacebookGoogle, and Apple might be having a hard time this year.

Authorities in the United States and Europe are getting ready to impose stricter norms with regards to competition issues and 2021 will turn out to be a tough task for a lot of the major tech giants. To find out more about that and other tech trends of 2021, read on.

CRACKDOWN ON THE TECH GIANTS

TOP TECH TRENDS TO LOOK OUT FOR IN 2021

The final few weeks of last year turned up with dark gloomy clouds for tech giants like AmazonFacebookGoogle, and Apple, which is expected to make this year a tough one for them.

A few days ago, US federal regulators along with close to fifty state prosecutors decided to use Facebook and accused the social media giant of stifling competition by buying out their rivals through illegal means.

Meanwhile, in December, the European Commission disclosed the new draft legislation of the Digital Services Act and Digital Markets Act, which is expected to completely change the way the tech giants are regulated in Europe.

Similarly, the UK based Competition and Markets Authority has recommended a binding code along with a revamped Digital Markets Unit that will have the power to impose tough penalties on defaulting tech giants.

It will be interesting to see how the new president of the United States, Joe Biden tackles the tech firms. Interestingly, Joe Biden has consistently been critical of the them, especially Facebook.

TOP TECH TRENDS

In a recent NYT interview, he said that Section 230 – the legislation that protects social media platforms from being responsible for what user posts – should be revoked. The section protects the platform from any illegal or offensive statements posted by users on its platform. This would certainly be an interesting thing to watch out for in the light of recent events in Capitol Hill that ultimately led to multiple social media platforms deleting the profile of outgoing president Donald Trump.

Apart from stricter regulation, some are also advocating for the split of big tech firms, especially Google, Facebook, and Amazon. In October last year, the US government took Google to court and accused it of stifling competition and violating the competition law to maintain its monopoly over online advertising and web searches.

Google defended itself by arguing that they operate in a very competitive industry and can only supply services that only big firms can handle.

Apart from the competition aspects, the US is also looking to tighten the data privacy laws.

The State of California has already put in place a data privacy act, but there is increasing pressure to draft the national legislation as well.

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