/*[co-hosted with Rob Norman]*/ Technology - It is not Disruption, but Consolidation of Economic power and there will be a social and political price to pay
Sometime back, an eminent journalist wrote (in NYT or WP) that "what is happening in Silicon Valley is not dirsuption, but institution building and an unprecedented consolidation of economic power". Wealth and power is increasingly getting consolidated with the technology giants like Google, Amazon, Apple and Facebook which is already controlling our culture, commerce, manipulating our moods and influencing behaviour. They are becoming beyond government and politics.
We look at some of the recent examples which re-affirms the above view and get perspectives from everyone on the larger societal implications, role of business etc.