Tech giants have as much money and influence as nations
Problem is that states usually have constitutional safeguards that keep a safe balance of power between citizen and state.<p>Not so with these companies. Step out of line and they can unperson you like that, and you can't vote on their leadership. And increasingly entire livelihoods and social existences are tied into them.<p>This is why you're seeing states start to get so aggressive with them. The EU fining billions out of them on an ongoing basis. Dragging them before Congress. Etc.<p>They're not only starting to rival them in power, they're starting to flex power over them -- playing a kingmaker role as they form the platforms on which elections are being won and lost.<p>If the tech giants win, we lose. They've already shown willingness to coordinate with each other. The non-poaching agreements and the Alex Jones case.<p>Our defences from power have always been the existence of multiple states (e.g. refugees) and democracy. They would be beholden to neither. Able to destroy social lives and livelihoods at the click of a button, with no defence and no safeguards.<p>"Computer says no", to your life.