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Big Tech

See Censorship by Big Tech, Surveillance State, Communism-Socialism, History

The biggest winners in the burgeoning Surveillance State of inseparably allied Big Tech/Big Government big data privacy mining are the autistic authoritarian busybodyelitists” of Googlag-Facebook-Twitter-Amazon-Microsoft-Apple.

In order of their level of spying on every aspect of their “customers” lives:

Apple is somewhat privacy respecting compared to the other previous 5 tech giants:

Snippet from Wikipedia: Big Tech

The term "Big Tech", along with its synonym "Tech Giants", has been used in journalism to refer to the largest and most dominant companies in the information technology industry.

By the end of the 2010s, four American technology companies – Amazon, Apple, Google, and Microsoft – were, besides Saudi Aramco, the most valuable public companies globally. At different points, the maximum market capitalization of each of these five technology companies has ranged from around $500 billion to around $1.4 trillion USD. These companies, specifically Microsoft, Google, Amazon, Apple and Facebook, have been the center of regulatory pressure from the Department of Justice and Federal Trade Commission because of concerns over monopolistic practices. There were also two Chinese technology companies in the top ten most valuable publicly traded companies globally at the end of the 2010s – Alibaba and Tencent.

The biggest American technology companies have replaced the energy giants such as Exxon Mobil, BP, Gazprom, PetroChina and Royal Dutch Shell ("Big Oil") from the first decade of the 21st century at the top of the NASDAQ stock index. They have also outpaced the traditional big media companies such as Disney, AT&T, Comcast and 21st Century Fox ("Big Media") by a factor of 10. In 2017, the five biggest American IT companies had a combined valuation of over $3.3 trillion, and made up more than 40 percent of the value of the Nasdaq 100. There has been speculation that it may not be possible to live day-to-day in the digital world outside of the ecosystem created by the five biggest tech companies (by market capitalisation). Some have also raised the issue of regulating their influence in the areas of privacy, market power, free speech and censorship (including inappropriate content), and national security and law enforcement. On the other hand, by providing cheap or even free services to consumers, they remain popular.

big_tech.txt · Last modified: 2020/03/12 18:40 (external edit)