Already Apple, Alphabet and Microsoft have acquired prodigious market valuations (almost $3 trillion each) – any two taken together are substantially bigger in market cap than the Indian GDP. Financial heft enables dabbling in geopolitics using their technology enabled prowess. With the dramatic advent of Artificial Intelligence as a tech-tool and force multiplier, these companies, already in the vanguard of the AI juggernaut, are poised to play an even more commanding public role on the global stage. No doubt, these companies will benefit disproportionately. Crucially, some nations will be better positioned to harness their global impact. Should that influence regulatory outlook?
The latest debate before the Delhi High Court on whether Whatsapp’s propriety encryption systems and citizens’ freedom of expression stand compromised when government asks them to trace the origin of certain messages, is indeed a pertinent one. The question of public accountability and citizen privacy is especially relevant for citizens, as much as it is for the government. A balance needs to be struck, but the issues are more complex.
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Denne historien er fra June 29, 2024-utgaven av BW Businessworld.
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Is Leadership Without Hierarchies Possible?
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