SCO103 New Empires: The Reach and Frontiers of the Tech Sector Report

This report, prepared for the SCO103 New Empires course, delves into the reach and frontiers of the tech sector, examining the responsibilities of tech giants in the face of societal challenges. The report addresses the concerns surrounding fake news, unemployment, and the role of companies like Facebook and Google in mitigating these issues. It analyzes the efforts of these companies to combat fake news, create jobs, and collaborate with governments. The analysis considers the impact of tech giants on the global economy and the measures they are taking to address the problems arising from their products. Ultimately, the report aims to provide a balanced perspective on the tech sector's influence and accountability in the modern world, referencing the contributions of various scholars in the field.

Running head: THE REACH AND FRONTIERS OF THE TECH SECTOR
The Reach and Frontiers of the Tech Sector
Name of the Student
Name of the University
Author Note

1THE REACH AND FRONTIERS OF THE TECH SECTOR
Are Tech Giants Running Away from their Responsibilities?
Presently, there is one common question among various of society. The question is
“Why the tech giants all over the world are not doing their duties?” This question has become
a big concern as the online world is full of fake news and various of harmful contents are also
present there (Allcott & Gentzkow, 2017). Also, the global unemployment rate has been
increased. Adding to these situations Governments from various of countries are failing to
solve the political, economic and the social problems that are occurring due to the products of
these tech giants. All of these three directly targets the tech giants as peoples believe that the
tech giants are not fulfilling their responsibilities due to which this kind of issues are
occurring. But it that thinking of the people are really true?
Considering the current circumstances, the concerns among the general peoples are
totally justified. The overall population of the world is increasing in very high rate, but at the
same time unemployment rate are increasing rapidly. This is a big concern for the society as
due to these peoples do not get an appropriate source of income. In often cases this can create
criminal activities like theft and robbery (Ezzy, 2017). Also, unemployment is not a good
sign for the nation’s economy. With employment, the spread of fake news and harmful
contents are another big concern for the pubic as it conveys wrong information to the society.
Also, this type of news can lead to social conflicts and can create chaos among the society.
Due to these facts both of the unemployment and the fake news are currently a big concern.
A large number of peoples believes that tech giants are responsible for that as they do
not take any steps against this kind of issues. But is that really true? Facebook, one of the
biggest tech giants in the world are working constantly so that they can find and identify the
fake news in their platform (Guess, Nagler & Tucker, 2019). Currently, one of the important
aims of Facebook is making their platform free from all kinds of fake news. Last year

2THE REACH AND FRONTIERS OF THE TECH SECTOR
Facebook has announced an important update which can reduce the reach of harmful contents
across the platform of it. Also, the Facebook team is working constantly to identify the
groups in their platforms who are repeatedly sharing the wrong information and banning
them. Also, Facebook are removing thousands of fake accounts from which misleading
information have been shared frequently.
Facebook is not the only tech giant which have joined this campaign. Google is also
working to solve this issue. Google has started to ban the websites that are peddling fake
news by using the online advertise service of them (Wingfield, Isaac & Benner, 2016). Also,
Google has updated some of their policies to stop the spread of fake news. So, from an
overall perspective the tech giants are working to fight against the current situation.
Now, if considering the total numbers of jobs created, the tech giants are getting full
marks in this case also. Recently, in UK Facebook has created approximately 1000 jobs and
all the hiring will be done by 2020. Overall in the world Facebook has created millions of
jobs. Google is also at the same direction. Google has hired a large number of peoples all
around the world to their organization. But apart from that, Google has created many indirect
jobs also by helping the other organizations (Cohen, 2017). Also, both of the organizations
are opening their offices in various parts of the world. As the users of both of the organization
is increasing it is expected that they need to expand their services which will create more jo
opportunities.
Lastly, both of the organizations are working hard and they are quite interested to
work with the government so that problem caused by their products can be resolved. Both of
the organizations are interested in this as it will ultimately increase the revenue of the
organization.

3THE REACH AND FRONTIERS OF THE TECH SECTOR
References:
Allcott, H., & Gentzkow, M. (2017). Social media and fake news in the 2016
election. Journal of economic perspectives, 31(2), 211-36.
Cohen, S. (2017). Creating Jobs for the Social Good: Moving Beyond the Neoliberal Model
of Education for Employment. In Universities in the Neoliberal Era (pp. 119-143).
Palgrave Macmillan, London.
Ezzy, D. (2017). Narrating unemployment. Taylor & Francis.
Guess, A., Nagler, J., & Tucker, J. (2019). Less than you think: Prevalence and predictors of
fake news dissemination on Facebook. Science advances, 5(1), eaau4586.
Wingfield, N., Isaac, M., & Benner, K. (2016). Google and Facebook take aim at fake news
sites. The New York Times, 11, 12.