New York Times:
If power tends to corrupt, and absolute power corrupts absolutely, how can we best describe the kind of power Big Tech will wield when the coronavirus crisis is over?
How about this: The tech giants could have all the power and absolutely none of the accountability — at least all the power that will truly matter.
In a column about a month ago, I wrote about a problematic trend that would develop after the world had been turned upside down by the pandemic. “There will be a culling of most competitors of these giants that will only strengthen the power and reach of the behemoths, eliminating pesky roadblocks to their further domination,” I wrote about tech’s leading companies, who have the money and the means to wait out the storm. “This is obviously not a good thing in the long run.”
I don’t think Swisher is being overly pessimistic in this piece.