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Big Tech Is Now On The Offensive Against The Coronavirus

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

By: Boris_Dzhingarov

Companies

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 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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