Tim Cook says tech needs to be regulated or it could cause ‘great damage to society’

Apple CEO Tim Cook suggested today that for the average person to have their data privacy protected, technology needs to be regulated by the government. “We all have to be intellectually honest, and we have to admit that what we’re doing isn’t working,” Cook said at the Time 100 Summit today in New York where The Verge was in attendance. “Technology needs to be regulated. There are now too many examples where the no rails have resulted in a great damage to society.”

He pointed to Europe’s stringent GDPR data privacy rules as an example that US lawmakers could slowly emulate, while suggesting that Europe could continue to improve on those rules as well. “Europe is more likely to come up with something. GDPR is a step in the right…

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