From Owning Assets to Controlling Systems: How Tech Came to Dominate the World’s Most Valuable Companies
Twenty years ago, the world’s most valuable companies looked like a map of the physical economy. Oil giants, industrial conglomerates, global banks, and automotive leaders dominated the rankings. Companies like ExxonMobil, General Electric, and Citigroup represented power in its most traditional form: control over scarce resources, infrastructure, and capital. Today, that map has been redrawn. […]
