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‘51% of London tech say public trust in industry has hit an all-time low’

Just one week after Facebook founder Mark Zuckerberg gave evidence to US Congress following the Cambridge Analytica fiasco, some 51% of those involved in the London tech sector say public trust in the industry has hit an all-time low.

That’s according to new research unveiled today by Tech London Advocates, a private sector network headed by Russ Shaw.

According to the findings, some 89% of tech leaders said they believe tech companies are having a positive social impact on the city and increasing equality. Tech professionals cited job creation (35%) and economic contribution (30%) as the most important ways the industry is having a positive impact in the UK’s capital city.

TLA’s survey polled over 250 members, and is included in a new report by the network to highlight its fifth anniversary– 2023: The Future of London Tech (2). ...