BUSINESS REFLECTION: Crossed Wires: The surprising new socialist inclinations of Big Tech (opens original article in a new tab)
Big Tech's growing economic power is prompting discussions about government equity stakes to ensure public benefit, with support from diverse political figures.
- Big Tech companies are gaining significant economic power, with valuations comparable to national GDPs.
- Discussions are emerging about governments taking equity stakes in these companies to ensure public benefit.
- Both political figures from different ends of the spectrum support the idea of state involvement in AI companies.
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