It doesnt matter what they see, they are impotent against it. Governments, as structured, are not designed to operate in the digital realm. They were designed when we were geographically based.
Look at the illegal download of, well anything. Governments cant stop it. How about the illegal streams? Same thing. It is a game of whack a mole.
As we move further into technology, distributed computing (and storage) and decentralized networks, they will grow in power and governments can only stand by.
Also, govt's have their own problems. If you havent notice, people are losing confidence in them (well politicans and bureaucrats). They have another battle on their hands.
I guess it depends on where you look. China and Singapore has a much bigger control over their citizens compared to the US. Sure people can use VPN, but it is difficult to risk a lot of assets when going against governments. I believe any nail sticking out will be hammered down and controlled by the government or organizations. We can see it in Generative AI and unions, as well as BTC and Blackrock. Big organizations and the government will try their best to maintain their control. There have always been low confidence in governments, but as long as make the laws, and hold military power, not much will change.
But I do hope I am wrong and you are right.
They key is true their best. Governments and big entities collapse. Blackrock is in trouble due to liquidity issues. They are so big, they cannot liquidate even a portion of their assets without collapsing markets. What good is value if it cannot be accessed?
We are going to see a host of changes. Do not make the mistake of thinking things are going to remain the same, especially for the power players.
Fifteen years ago, did anyone see Elon Musk being one of the most influencial people? Did anyone see it a decade ago?
Those are good points. As it is said in a popular saying, "The only constant in life, is change". I guess we just have to be ready for it. Thanks
Yep. This are shifting in ways we cannot imagine. Many focus upon geopolitics believing governments are the most powerful force. This is not likely the case when we see the impact major technology companies have.