Big Tech Companies Are Becoming More Powerful Than Nation-States
Key Excerpts from Article on Website of Common Dreams
Posted: May 15th, 2023
U.S. citizens are being subjected to a relentless onslaught from intrusive technologies that have become embedded in the everyday fabric of our lives, creating unprecedented levels of social and political upheaval. These widely used technologies ... include social media and what Harvard professor Shoshanna Zuboff calls "surveillance capitalism"—the buying and selling of our personal info and even our DNA in the corporate marketplace. But powerful new ones are poised to create another wave of radical change. Under the mantle of the "Fourth Industrial Revolution," these include artificial intelligence or AI, the metaverse, the Internet of Things, the Internet of Bodies (in which our physical and health data is added into the mix to be processed by AI), and my personal favorite, police robots. This is a two-pronged effort involving both powerful corporations and government initiatives. These tech-based systems are operating "below the radar" and rarely discussed in the mainstream media. The world's biggest tech companies are now richer and more powerful than most countries. According to an article in PC Week in 2021 discussing Apple's dominance: "By taking the current valuation of Apple, Microsoft, Amazon, and others, then comparing them to the GDP of countries on a map, we can see just how crazy things have become… Valued at $2.2 trillion, the Cupertino company is richer than 96% of the world. In fact, only seven countries currently outrank the maker of the iPhone financially."