Ep.20 - Elon Musk and the Magnificent Seven

A few days ago, a Delaware court suspended the payment of Tesla’s compensation package to founder Elon Musk, which was originally decided in 2018. The package was worth about 56 billion dollars, which is unprecedented even for the fantastical world of tech companies. And this sanctions the entrance of capitalism into the age of digital feudalism. The seven tech giants - Apple, Microsoft, Google Alphabet, Amazon, Nvidia, Tesla and Meta – form a new aristocracy that demands absolute authority and is even challenging States. On the other side, we have the American antitrust authority – or Federal Trade Commission – with the young thirty-five-year-old Lina Kahn at the helm. The match has just begun, although the first few rounds seem to have gone to the Magnificent Seven.