"In exchange for mere crumbs of their fortune, this Big Tech fraternity receives three extraordinary gifts: massive public contracts; the removal of regulatory safeguards against the dangers of their methods and products – autonomous vehicles, AI-controlled "bots" and drones, massive increases in electricity consumption; and finally, huge bargaining power, legitimized by the state, in their dealings with workers, suppliers, competitors, and the rest of us."
https://www.lemonde.fr/en/opinion/article/2025/01/04/yanis-varoufakis-former-greek-finance-minister-big-tech-giants-have-moved-into-trump-s-oval-office_6736701_23.html
#USA #Trump #BigTech #Oligopolies
https://www.lemonde.fr/en/opinion/article/2025/01/04/yanis-varoufakis-former-greek-finance-minister-big-tech-giants-have-moved-into-trump-s-oval-office_6736701_23.html
#USA #Trump #BigTech #Oligopolies
Yanis Varoufakis, former Greek finance minister: 'Big Tech giants have moved into Trump's Oval Office'
In exchange for millions of dollars donated to Donald Trump's campaign, tech billionaires are poised to receive incredible rewards: government contracts, the removal of regulatory safeguards and huge bargaining power, warns the former Greek finance m…Yanis Varoufakis (Le Monde)