Putin: Tech should not be demonized, but it is ‘an objective threat’ to businesses

Earlier this week Russian president Vladimir Putin said that, while new technologies such as Uber or Alibaba should not be demonized, they may still threaten the traditional economy in the future.
“I believe that [new] business models are not a threat to existing ones. They represent a new way of organizing things which businesses consider as being more effective and necessary. They should not be accused of undermining activities — they just apply up-to-date metho