The AI Raj: How tech giants are recolonizing power
Allison Stanger writes: On December 31, 1600, Queen Elizabeth I signed a royal charter granting the East India Company exclusive rights to conduct trade in the Indian Ocean region. The document was precise in its limitations: The company could establish trading posts, negotiate with local rulers, and defend its commercial interests. Nothing more. Seventy-seven years later, the same company had acquired the right to mint currency on behalf of the British crown. By 1765, it controlled the tax collection (ruthlessly…