Congress, Far From ‘a Series of Tubes,’ Is Still Nowhere Near Reining In Tech
The New York Times
Holding a hearing that humbles the most powerful business executives in the world is much easier than legislating.
WASHINGTON — It’s now a rite of passage. Executives of the hottest technology companies fly, or more recently Zoom, from Silicon Valley to Washington, usually swapping their tech-casual for something more buttoned-up. They take oaths, explain their mission to better the world, and defend their businesses under the glare of TV cameras.
Wednesday was a double feature. In the morning, six crypto executives testified before a House committee. In the afternoon, Adam Mosseri, the head of Instagram, faced a Senate subcommittee.
The ritual itself was familiar, but it represented a mammoth leap forward: No one went viral after.
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