Fair Share.Media vs Large Tech Companies. The Hindu Editorial Explanation 28th November 2024.

In a speech on National Press Day, Union Minister Ashwini Vaishnaw raised an important issue about how large tech companies like Google and Meta are using content from media organizations without paying them fairly.

As the internet has grown, it has created a situation where big tech companies hold all the power, deciding the terms for using news content.

This has led to many countries, including India, realizing the need for new laws to ensure news publishers are compensated properly. Countries like Australia and France have already started making big tech companies negotiate better deals with news publishers, and India is looking to do the same.

The Minister emphasized the importance of fair payment for news organizations, especially as they face financial struggles in both traditional and online formats. With the rise of artificial intelligence, it’s become even easier for companies to use content without giving proper credit or compensation. This makes it even more urgent to act and protect creators’ rights through new laws.

Vaishnaw also expressed concern about the spread of misinformation and fake news. He suggested that the government should help improve media literacy to help the public identify fake news, rather than acting as a regulator or censor. The government should not be the final judge of what is true, particularly when it comes to issues involving the ruling party.

He called for fair application of laws against misinformation, ensuring they are applied equally to both the ruling party and the opposition. The Indian news industry has long faced financial and political challenges, but the internet offers an opportunity to address these problems. However, any government regulation of big tech needs to be done carefully and without overreach.

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The Hindu Epaper Editorial Explanation given by Hello Student is only a supplementary reading to the original article to make things easier for the students.

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The Editorial Page of The Hindu is an essential reading for all the students aspiring for UPSC, SSC, PCS, Judiciary etc or any other competitive government exams.

This may also be useful for exams like CUET UG and CUET PG, GATE, GMAT, GRE AND CAT

To read this article in Hindi –https://bhaarat.hellostudent.co.in/

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