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2018 State of the VITA Technology Industry - Spring Edition

Friday, April 27, 2018 8:00 AM | Jerry Gipper (Administrator)

VITA releases the spring edition of the 2018 State of the VITA Technology Industry report.

We touch on numerous issues in this report and add a few opinions. Clearly our economy is doing better, a claim backed-up by the latest GDP numbers. While the EU is going after U.S. technology companies for money, the DoJ and the Trump Administration are now going after Facebook and Amazon (respectively) for different reasons. Facebook played fast and loose with their member’s data, and Amazon has eliminated jobs and small businesses in retail. These effects have been ongoing for many years. In both instances, the real problem is that technology has outrun the scope of antiquated business models and industrial-era 20th century laws. What’s interesting is that neither Congress nor the courts took any interest in these trends – until now.

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