Only some of the disadvantages tested by the US technology industry are market ranking values, more regulatory control, data privacy scandals and huge protests of employees due to corporate mismanagement. this year
However, Twitter co-founder of Twitter Evan Williams is confident that Silicon Valley can avoid a positive crisis.
In an interview with Bloomberg Television on Thursday, the businessman, who is now the executive director of the Medium blog publishing service, who does not feel that the technology industry is facing a fall in public confidence, but said show anxiety and "appropriate" attention for its role. in society.
"Technology has become a vertical industry for something that affects everyone's life in a powerful way and we are at the outset," said Williams during the Lisbon Summit conference in Lisbon. "We fight as a society to know what that means".
"I do not think there's a positive crisis about whether these companies will exist in the future," he said.
Some of Wall Street's most valuable technology stocks, such as Facebook and Alphabet, Google's parent company, have plundered in recent years during concerns about how problems such as trade disputes, foreign interference in elections and leadership responsibility affect the growth prospects.
Williams praised the role of Twitter Executive Jack Dorsey as a social network business driver at times unpredictable and global scrutiny.
"I'm very proud of what he has done," he said. "I believe that the company is in a much better position than it was a few years ago when it took over and much external evidence is true."