Concentration of corporate power a 'huge' concern: U.N. rights chief

Volker Turk, United Nations high commissioner for human rights, attends the Human Rights Council in Geneva on Sept. 8. | REUTERS Geneva - A few tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights challenges and needs regulation, the U.N. human rights chief said in an interview. Amid increasing worries over threats to democracy and with a growing number of countries at risk of sliding towards autocracy, Volker Turk said a key concern was the seeming unbridled power of a small number of technology companies. In an interview this week at the UN rights office overlooking Lake Geneva, he pointed to how seven or eight big tech companies now boast more wealth than the entire economies of even industrialized nations. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.