Cloud Capitalists: The New Technofeudal Lords

Exploring the rise of cloud capitalists as a new ruling class and their minimal political involvement compared to traditional industries, the chapter delves into the immense power of algorithms used by tech giants like Amazon and Google. It discusses the investment requirements and physical infrastructure behind AI and cloud computing, how central banks financed cloud capital post-2009, and the escalating US-China tensions in the realm of cloud capital competition.