No
keen observer can be oblivious to the fact that global tycoons are rising. Some
of them have been crowding out top leaders from their lofty positions of power.
Is this process of substitution going to grow, or is it a mere ephemeral
symptom of the world’s economic scene that will be neutralized, minimized, and
eventually kept under wraps?
اضافة اعلان
We
now realize that technology in the digital, space, energy, and medical domains
have brought with it new demi-gods. They look like reincarnations from Greek
mythology.
These
demi-gods are human in their trivial feuds yet they command lots of power.
Examples of their neo- existentialist world are many and increasing every day.
Jeff
Bezos recently declared his intention to step down from his position as CEO of
Amazon. Yet, his purchase of the Washington Post became a nightmare for ex-president
Donald Trump. His efforts to target Trump, Saudi Crown Prince Mohammad bin
Salman, and even Netanyahu could not be ignored or underestimated. Such power
is now being debated as to whether it is pro or anti-democracy.
Donald
Trump was denied access to Facebook for two years under the pretext of
violating its code of ethics by inciting violence and insurrection in the
United States and outside in order to unseat a legitimately elected president —
Joe Biden. The CEO of
Facebook, who owns Twitter and Messenger, took this
decision against a politician that received 74 million American votes in the
last election. Is this act on the part of Facebook pro or anti-freedom of
expression?
Although
Bill Gates stepped down some time ago as CEO of Microsoft, with its huge
monopolistic practices, he was accused of being a part of a global conspiracy
to control the world through a
COVID-19 vaccination drive. Some experts and
laymen around the world accused him of plotting to plant spy chips into
people’s bodies to monitor and control their behavior.
The
Biden Administration is applying pressure on the United Arab Emirates to
abandon its telecommunications cooperation with the Chinese giant company Huawei.
Americans even used the approved sale of F-35 fighter planes as leverage. This
manifestation of technology wars will further boost the political posture of mammoth
telecom corporations.
On
the other side, Western governments are not happy with these global tech
companies’ behavior of clever tax avoidance, and they are trying instead to
hammer in a 15 percent global tax.
Moreover,
anti-trust law suits are increasing in number against the tech conglomerates. Hefty
settlements and penalties are being imposed against them.
Politicians
and tech tycoons’ relationships are never simple. The hackers of
the world are forcing governments to protect these big companies, but on the
other hand, politicians are not happy with the competitive power of the CEOs of
these companies.
Where
will all of that lead to eventually? Will countervailing powers rise on consumers’
side to offset the monopolistic exercises of these scary tech-empowered CEOs.
Let us wait and see how this complex issue unfolds.
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