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Expand chart
Data: SurveyMonkey poll conducted Nov. 9 to 13 among 3,622 U.S. adults with a modeled error estimate of ±2.5 percent; Survey methodology. Chart: Lazaro Gamio/Axios

Silicon Valley has a big and growing problem: Americans have rising concerns with its most popular products and a growing majority wants big social media companies regulated, according to new poll conducted by Survey Monkey for “Axios on HBO.”

Why it matters: The public is more aware than ever of some of the negative consequences of the technologies that have changed their lives, which makes Silicon Valley and social media ripe political and regulatory targets.

Between the lines: This is a rare topic uniting Republicans, Democrats and Independents.

  • Republicans have been alleging that these companies — often founded and still led by idealistic, progressive executives — censor conservative viewpoints.
  • Democrats have taken issue over the past year with ways social media technologies, like niche ad-targeting, can be abused by people to discriminate against minorities.

By the numbers: In the past year, there has been a 15-point spike in the number of people who fear the federal government won’t do enough to regulate big tech companies — with 55% now sharing this concern.

  • In that same period, there was a 14-point increase in those who feel technology has hurt democracy and free speech.
  • The biggest spike has been among Republicans, presumably because of increased concern about perceived censorship of conservative voices on social media.

The bigger picture: A number of issues that have risen over the past year have caused Americans to recognize the negative consequences of technology more than they have before.

Yes, but: About 40% of Americans still feel that social media is a net positive for society. Overall, 65% of people say smartphones have made their quality of life better.Be smart: Unlike most conversations about government regulation, this is not an obscure topic for most Americans. An overwhelming majority use — and perhaps over-use — the technologies in question.

  • Nearly two-thirds (63%) of respondents say they sleep with their phone in or next to their bed. And that jumps to 73% among millennials.
  • More than half (51%) say smartphones are the hardest technology for most people to live without. And that jumps to 67% among millennials.

The bottom line: Americans are more aware than ever before about the dark side of technologies, which should worry Silicon Valley.Go deeper:

Methodology: This analysis is based on a SurveyMonkey online poll conducted among adults ages 18 and older in the United States. Respondents were selected from the more than 2 million people who take surveys on the SurveyMonkey platform each day. Data have been weighted for age, race, sex, education, and geography using the Census Bureau’s American Community Survey to reflect the demographic composition of the United States age 18 and over. The first survey was conducted November 9-13, 2018 among 3,622 adults. The modeled error estimate  for the full sample is plus or minus 2.5 percentage points and full crosstabs are available here.

Go deeper

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Details: The pilot program is designed to help people find jobs on TikTok and connect with companies looking to find candidates. It's also meant to help brands use TikTok as a recruitment channel.

Crypto media boom

Data: SimilarWeb; Chart: Axios Visuals

A slew of new crypto media companies have gained enormous traction over the past year, thanks to the digital currency craze taking over Wall Street.

Why it matters: “For the first time ever, crypto has become relevant to the global macro-economic conversation, and therefore, the investment conversation," says Jason Yanowitz, co-founder of Blockworks, a financial media brand catered to investors.

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Jeffrey Housenbold, who recently stepped down as a managing partner of SoftBank Vision Fund, has formed a new SPAC with Sukhinder Singh Cassidy, who was president of ticket resale firm StubHub until it was acquired last year by Viagogo.

Why it matters: The death of SPACs has been greatly exaggerated.