Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
AI Tech Stocks State Going into the CRASH and Capitalising on the Metaverse - 25th Jan 22
Stock Market Relief Rally, Maybe? - 25th Jan 22
Why Gold’s Latest Rally Is Nothing to Get Excited About - 25th Jan 22
Gold Slides and Rebounds in 2022 - 25th Jan 22
Gold; a stellar picture - 25th Jan 22
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Big Tech Is Now On The Offensive Against The Coronavirus

Companies / Tech Stocks Mar 24, 2020 - 10:36 AM GMT

By: Boris_Dzhingarov


Silicon Valley are now facing the question as to whether or not they should use all of the consumer data that they have in an attempt to fight the pandemic. Tech companies such as Apple and even the federal government are shifting their approach to try and fight the coronavirus. Trump and the White House are now calling upon tech companies to see if they can lend a hand. Various companies are now in talks with the government as to whether or not they may need to leverage their reach.

Tech Giants

Tech entrepreneurs such as Tej Kohli have invested millions in the tech industry and it is great to see them really put the work in to help those who need it the most. Now is the time for tech giants to get back into the good graces of the public. The industry as a whole has taken a beating but if the companies can step up in a time of a national emergency then this would mean fantastic things for the future. The problem is that the best tool that they have is the one thing that customers are worried about. The American people don’t want their data being shared and if the companies do release it then they may end up losing far more than just their trust.

The Big Companies

When you look at Google, Amazon, Twitter and even Apple, you will soon see that they hold FitBit data and this could be a dream for a public health researcher. They are able to find out where we are, what we are buying, who we are spending time with and so much more. With information like that, you could easily change the face of public health and this could mean great things for the future.

Coronavirus in the US

If you look at all of the things that are happening in the US right now as well as the digital signals that are being put out, you can then figure out when outbreaks are most likely to occur. You can then also deploy testing and eventually, vaccines as well. It’s important to know that they could eventually go on to target school closures, and they could also get a much better idea of the mortality rate. This would allow health researchers the chance to find out if the virus is actively spreading or if it is just the tip of the iceberg.

Silicon Valley

When you look at the last couple of years, you will soon see that Silicon Valley have been trying to dig themselves out of a hole. Facebook made data available to various researchers, only to find that it is actually being sold for political manipulation. Tech companies and experts have stated that they are worried about their Big Brother image and this is certainly going to cause issues for those who are already concerned about the impact of data and the way that it is handled.

By Boris Dzhingarov

© 2020 Copyright Boris Dzhingarov - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in