2022 was the year Big Tech died. 2023 will be the year of Small Tech
Fox News
Big Tech has let down its users and many of its investors. Small Tech can provide the competition our economy needs.
Sid Mohasseb is Adjunct Professor in Dynamic Data-Driven Strategy at the University of Southern California and is a former National Strategic Innovation Leader for Strategy at KPMG. He is the author of The Caterpillar's Edge: Evolve, Evolve Again, and Thrive in Business and You Are Not Them: The Authentic Entrepreneur's Way.
Some say that Big Tech should never have been allowed to get so big. That’s understandable: At more than $1.4 trillion, the five big tech companies in the US have more revenue than the GDP of either Mexico or Spain.
But the real problem isn’t its size, or even its power. The real problem is what Big Tech uses its size and power for, and its effects on our economy and democracy.