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November 27, 2018 01:50 am

IBM CEO Joins Apple In Blasting Data use By Silicon Valley Firms

IBM CEO Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook, over their collection of user data and urged governments to target regulation at those companies. Bloomberg reports: Without naming company names, Rometty pointed to the "irresponsible handling of personal data by a few dominant consumer-facing platform companies" as the cause of a "trust crisis" between users and tech companies, according to an advanced copy of her remarks. Rometty's comments, given at a Brussels event with top EU officials Monday, echoed recent statements by Apple CEO Tim Cook, who in October slammed Silicon Valley rivals over their use of data, equating their services to "surveillance." IBM meanwhile has seen revenue decline since Rometty took the CEO role in 2012, largely due to falling sales in existing hardware, software and services offerings. She has since been trying to steer IBM toward more modern businesses, such as the cloud, artificial intelligence, and security software. Seeking to separate IBM -- which operates primarily at a business-to-business level -- from the troubled tech companies, Rometty said governments should target regulation at consumer-facing web platforms, like social media firms and search engines. In particular, Rometty pushed for more measures around the transparency of artificial intelligence as well as controversial rules around platform liability.

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