4 ms·
The FAANG tech unicorns at the current height of their power still pales in comparison to the East India Companies (British/Dutch/whatever the country doesn't r
by sansnomme 7y ago
The FAANG tech unicorns at the current height of their power still pales in comparison to the East India Companies (British/Dutch/whatever the country doesn't really matter). Traverse the dependency tree of power and I don't think you will like what you would find near the root. At the end of the day, tech unicorns flourish within the legal sandbox of civilization. Without any command over legitimate violence, they have relatively little power compared to the government.
- mgamache 7y agoThey are increasingly functioning as part of the government. Sort of a back-door for information and control. Getting any info on you from most companies is an administrative procedure. This turns them into a data collection arm of the US (and other) governments. Also, when consider the lobbying tech companies are doing it gets really incestuous.