I really wonder what that may look like too and how likely of an outcome it is. I mean we’ve seen versions of it with “banana republics”, but that wasn’t quite the modern era and wasn’t sophisticated tech companies. I also think most tech companies today would not want that responsibility, just the rewards, it’s a bit hard for me to imagine them actually attempting to provide a government. I think what we’ll see is increasingly hollowed out public institutions matched with ascending power and control of the corps, but leaving the govt in place (largely for a target people can point to when they’re mad) and stopping short of overtly seizing power. Best of both worlds for the corps.
That seems pretty plausible to me, yeah, because it’s being attempted already and we seem to be sliding that direction. Privatizing those public services sounds like precisely the way to usher in a fresh new hell like this, completely agree.