Kara Swisher has written for the New York Times about how this pandemic will put even more power in the collective hands of Big Tech companies.
Now, as we look to healthy companies to help us kick-start the economy, it may be that the only ones with real immunity are the tech giants. In this way, Covid-19 accelerated their ascent and tightened their grip on our lives. And this consolidation of power, combined with Big Tech’s control over data, automation, robotics, artificial intelligence, media, advertising, retail and even standalone technology, is daunting.
It was also my fear. What happens to all small businesses unable to lend and to customers? They are swallowed by delivery applications, whether for groceries, alcohol or other products.
Check it out: This pandemic gives more power to big technologies