Big Tech Regulation Bill Shut Down, But the Fight Still Looms | HackerNoon

Regulators have taken a lot of interest in the tech industry lately. Bills and proposals have popped across all levels of government aiming to put limits on Big Tech over the past year. Most of these regulations have failed to go into effect, but changes could loom on the horizon. With much tech legislation still in limbo, how these laws could play out is still uncertain.Regulators have taken a lot of interest in the tech industry lately.

HB20’s supporters argue that sites like Twitter and Facebook violate the first amendment by blocking speech they don’t agree with. However, the Big Tech groups lobbying against the bill point out that it could stop them from removing content from hate groups like Neo-Nazis and the KKK. Concerns about misinformation over the war in Ukraine add fuel to this argument.

Lawmakers will try to vote on the bill in early summer, before the midterm elections. Its chances of passing will likely drop if it delays beyond midterms, but right now, signs suggest that it could pass. At the very least, it has better chances than previous legislation.While the American Innovation and Choice Online Act could pass, Big Tech remains largely unregulated today.

How these regulations could impact tech and the aspects of life they influence remains uncertain. If some bills passing leads to a trend of increasing restrictions, it may limit innovation as businesses face increasing obstacles to pursuing new, disruptive solutions. Alternatively, if a few regulations pass, but people remain critical of others, they could help make the sector a fairer, more competitive place.

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