Facebook and Google are run by today's robber barons. Break them up

Regulation is needed to make the tech industry act in line with the public good and not just its CEOs' stock options

You hear a lot today about artificial intelligence and ethics, and for good reason. As algorithms get smarter, they are increasingly making decisions that affect people's lives. We need to be careful these algorithms are fair and transparent - but it's not only the algorithms that are concerning.

If Tom Wolfe were still alive, he might be turning his critical pen towards people like Facebook's Mark Zuckerberg or the Uber co-founder Travis Kalanick, playfully describing the disruption that their companies bring to our lives on a daily basis.