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by eli_gottlieb
3004 days ago
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If one of us who've read it had time to speculate on how the tech sector intersects with the issue of power moving up to transnational entities, down to localities, and sideways to cross-national communities, I think we could get a really interesting discussion going. |
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> Today’s great engines of wealth creation are distributed in such a way as to elude national taxation systems (94% of Apple’s cash reserves are held offshore; this $250bn is greater than the combined foreign reserves of the British government and the Bank of England), which is diminishing all nation states, materially and symbolically.
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Its also big tech that has the highest growth potential in the future, making the problem worse.
And the way our current social platforms can be used to sow disinformation, plant fake news, and misguide huge amounts of people doesn't help either.