Big Tech refers to the largest and most influential technology companies that dominate the digital economy and have significant impact on various sectors, including information technology, communications, and commerce. Typically, the term includes companies like Google, Amazon, Apple, Facebook (now Meta), and Microsoft. These firms are characterized by their extensive market power, vast resources, innovative technologies, and large user bases.
Big Tech companies often engage in various sectors such as cloud computing, social media, e-commerce, and hardware manufacturing. Their influence extends beyond business, impacting social norms, privacy policies, and regulatory frameworks worldwide. As a result, Big Tech faces scrutiny from governments and regulatory bodies concerned about issues like antitrust practices, data privacy, and the potential for monopolistic behavior. The term encapsulates both the technological advancements these companies bring and the challenges they pose in terms of market fairness and consumer rights.
Ed Zitron is a public relations expert and critic of the current AI trend, emphasizing the need for accountability in tech development. His newsletter, “The Rot Economy,” critiques tech giants…