Big Tech Companies Are Becoming More Powerful Than Nation-States

  • 📰 commondreams
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

They are already richer than many countries, and the rise of AI looks set to increase their influence.

A few years ago, I was having dinner with a friend who worked at Google. As we were discussing the ins and outs of the tech world, he casually remarked:"Google is going to take over the world you know." Driving home and reflecting on that remark I thought:"How curious." But now, as I contemplate the shambles our democracy has become, I'm more inclined to think:"How prescient.

Advanced computer technology and the internet have given us many wonderful gifts when rightly applied. But we now know they can also be terrible taskmasters, impersonal forces that can dehumanize our personal interactions, cause severe mental health problems , and serve as a de-facto wealth transfer mechanism to the billionaire class. Still, we accept the negatives because of the positive benefits. In this sense we might even call hyper-technology a Grand Seduction.

The limitations of these widely used technologies are well known. They include social media and what Harvard professorcalls"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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech investors focus on profits after layoffs; companies to highlight AIA quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver.
Source: Reuters - 🏆 2. / 97 Read more »

PREVIEW Tech companies to highlight AI in earnings; investors focus on profitsU.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction.
Source: Reuters - 🏆 2. / 97 Read more »

Big Tech Q1 Earnings to Peel Back Curtain on Digital Ad MarketFor Variety VIP+ subscribers: Big Tech Q1 earnings are set to peel back the curtain on the the digital ad market, and it’s a moment of truth
Source: Variety - 🏆 108. / 63 Read more »

Here's what this investor is looking for as Big Tech earnings approachThis week will see some of the larger tech firms on Wall Street report quarterly results, including Microsoft, Google-parent Alphabet, Amazon and Meta.
Source: CNBC - 🏆 12. / 72 Read more »