There is a quiet coup unfolding in the global economy. Over the past decade, firms like Google, Amazon, Apple and Facebook have soared to become the world’s most highly valued firms. A few big companies now hold huge power over the “New Oil” that is our personal data. In doing this, they have overtaken many of the firms that extract regular oil while for many years avoiding the negative reputations in liberal society that extractives firms like BP, Shell or ExxonMobil have.

Källa: Big Tech is an extractive industry, it must be regulated as such

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