Will.i.am is an entertainer, activist and philanthropist. He’s also well-known for his entrepreneurial spirit and futuristic leanings, including his equity stake in Beats before it was bought by Apple and an AI collaboration with IBM, but he also shares deep concerns about Big Tech.
“Technology is amazing,” he told Yahoo Finance Presents. “Technology with no regulations is scary as hell. Technology with no regulations and tech giants that are not accountable for selling our data to foreign nations and anybody that wants to buy it to manipulate and persuade us to do things we never would have done in the first place — that should be forbidden.”
Will.i.am’s comments come on the heels of the Department of Justice and 11 U.S. states filing an antitrust lawsuit against Google (GOOG, GOOGL), accusing it of engaging in anticompetitive behavior in its search and search advertising businesses.