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by rapnie
3004 days ago
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The tech sector is actually mentioned in the article.. big corp (Apple) transcending size of nation states in wealth: > 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. -- 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. |
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