Sridhar Vembu draws a provocative parallel between Big Tech and the East India Company, arguing that modern technology giants now wield unprecedented economic power surpassing many sovereign nations. By highlighting Alphabet's recent $32 billion debt raise in just 24 hours - compared to the slow governmental fundraising processes - Vembu underscores the massive financial capabilities of tech corporations. His critique suggests these companies have evolved beyond traditional corporate structures, becoming global economic entities with influence rivaling national governments. The comparison reflects growing concerns about tech companies' concentrated power in digital infrastructure, data control, and economic markets.
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