How to fix the big tech backlash? Build companies with purpose

Tech companies have an image problem. Apple is attempting to fight a rear-guard action from its own investors about the addictiveness of its iPhones. Facebook is desperately trying to convince society that its social network is still a force for good, even though it recently became clear Cambridge Analytica accessed up to 87 million people’s data — even more than the 50 million originally estimated — while “malicious actors” were able to identify most of its 2 billion users worldwide. Amazon is destroying the American jobs market and Google has decimated advertising — and as a result, the journalism industry. What’s wrong with that, the more libertarian among…

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