Data capitalism: How have giant corporations stolen the power of nations?

In a time when borders are no longer drawn on maps but on screens, a new power has emerged to rule the world - not measured by the number of armies or natural resources, but by the number of servers, algorithms and data silently analyzed.

Data has become the "oil of the digital age." Just five companies-Google, Apple, Facebook/Meta, Amazon, and Microsoft-control more than 70 percent of the global digital infrastructure, making them empires with more influence than major countries. Just as oil companies determined the fate of the economy in the 20th century, technology companies today determine the fate of the digital world.

But the greatest danger lies not in money, but in knowledge and control over behavior. Companies know more about users than governments and can influence public opinion through precise algorithms. The Cambridge Analytica scandal is a glaring example: 87 million Facebook accounts were turned into tools to steer elections and public opinion in America and Britain.

If new rules of the digital game are not written, we will wake up in a world ruled by algorithms and countries run like app pages.
A new digital social contract that rebalances the balance between freedom of innovation and justice of control, between man and machine, between the state and the corporation.

To watch the video and read the full analytical paper, please scroll down. 🔻