“These companies don't really care what governments do. Their priority is their shareholders, their own existence and the next quarter of growth. There is the possibility that governments can regulate them, but they just don't. They don't regulate them properly. The most they get are multi-billion dollar fines, which sounds like a lot, but actually in the grand scheme of things it's pocket change. It is a parking ticket for these companies.”

As AI rapidly reshapes economies and societies, Parmy has been tracking the growing power of the companies driving this technological revolution.

With tech giants now valued in the trillions, she also questions whether governments are equipped to regulate them effectively, or if their influence has already outpaced political control.

Presenter: Misha Glenny

(Image: Parmy Olson Credit: Kim Farinha)