When US President Donald Trump was inaugurated in January, the world’s three wealthiest people stood right behind him, Jeff Bezos, Mark Zuckerberg and Elon Musk. All own massive online platforms. These tech billionaires are now major political players in their own right, but for the last 15 years the platforms they control have shaped political debate, changed how people feel about their governments and gathered information on voters that tells politicians which buttons to push.
The Australian government has attempted to force the social media giants to pay for the news that they profit from and that worked… for a little while. But in the last year the broligarchs have torn up those contracts and are embracing a brave new newsless world – which isn’t great news for Australia’s upcoming federal election.
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