Part 6/9:
Governments need to employ various tools to recalibrate this balance of power. Regulation, public procurement, and investment need to shift towards fostering competitive markets that champion democratic values. However, Tek warns that while the rapid pace of regulation in the past half-decade in the EU has been notable, sustaining momentum will prove challenging in future policymaking.
The market dominance of tech giants like Apple—which, by market capitalization, far exceeds that of some national economies—adds complexity to this balance. Such wealth enables tech companies to wield substantial power over governance and regulatory agendas.
##The Societal Impacts of Emerging Technologies