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UK Labour Leader Jeremy Corbyn proposes a publicly-funded alternative to Facebook

Ingrid Lunden
UK Labour Leader Jeremy Corbyn proposes a publicly-funded alternative to Facebook

Consider a plan to create an alternative funded by public money. "A BDC could use all of our best minds, the latest technology and our existing public assets not only deliver information and entertainment to rival Netflix and Amazon, but also to harness data for the public good," Corbyn said today, in a speech delivered during the Edinburgh TV festival. "A BDC could develop new technology for online decision making and audience-led commissioning of programmes and even a public social media platform with real privacy and public control over the data that is making Facebook and others so rich." The full text of his lecture can be found here.