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October 16 2021 9:30 AM ˚

Politicians and businessmen

Jawad Anani
Jawad Anani (Photo: Jordan News)
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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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