TIME FOR BIG TECH TO PAY UP.

Once called the "fourth estate" for its power, crucial to democracy, to check the three official branches of government - legislative, executive, and judicial - journalism has suffered a hemorrhage of resources since the advent of the digital era. While social media became a vaster and faster channel for news, papers' print circulations and advertising revenues dwindled, forcing major newspapers to go online and many smaller, local ones to shut down entirely. Most people think that privacy laws are in place to do this, but existing privacy laws, including the European privacy law, have done little to actually slow down the collection of data. [Extracted from the article]