Monday, May 1, 2023

g-f(2)1103 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, Big Tech is Leading the Charge and Colonizing the New World of Transformation



g-f Nugget GK


🤭
The “Positive Disruption: Transformation Revolution” has accelerated

🎯Leaders and Colonizers of the New World

🎯Lessons learned, OPPORTUNITIES, Alerts, geniouxfacts



genioux Facts: 
  • Big Tech, also known as the Tech Giants, are transforming into the New World (g-f New World) of Transformation to improve the digital worlds they have created for billions. Big Tech is a powerful force that is both shaping and transforming our world. Big Tech is providing us with new and innovative technologies that are improving our lives in many ways. They are colonizing the New World.
  • They are the most dominant companies in the information technology industry, notably the five largest American tech companies: Alphabet (Google), Amazon, Apple, Meta (Facebook), and Microsoft. These companies are referred to as the Big Five.
  • Big Tech is leading the charge in the development of new technologies. They are investing heavily in artificial intelligence, cloud computing, and other cutting-edge technologies. These technologies have the potential to transform our lives in many ways, from the way we work to the way we interact with the world around us.
  • The Big Five are dominant players in their respective areas of technology: artificial intelligence, cloud computing, consumer electronics, e-commerce, home automation, online advertising, self-driving cars, social networking, software, and streaming media. They are among the most valuable public companies, having had a maximum market capitalization from around 1 to above 3 trillion U.S. dollars.

genioux Foundation Fact: We live in a wonderful NEW WORLD of TRANSFORMATION (g-f New World) that offers us a FABULOUS TREASURE (g-f Treasure) tailor-made for unlimited growth. The fundamental CHALLENGE for everyone, people, companies, organizations, countries, is to find the right balance between running and transforming!

genioux Current Fact: We live in a wonderful New World called “g-f New World” which is a concept created by Genioux.com Corporation within “genioux facts”, the online programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”. The digital age has matured to become The Age of Transformation. The buzzword for the transformation of companies, organizations, communities, countries is Digital Transformation. “genioux facts” describes the transformation of each person as the Personal Digital Transformation (g-f PDT). It is a process of continuous learning, unlearning, and relearning that enables individuals to adapt to the digital age and thrive in it.



The FABULOUS TREASURE (g-f Treasure) tailor-made for unlimited growth



Big Tech is Leading the Charge and Colonizing the New World (g-f New World) of Transformation




Big Tech, also known as the Tech Giants, are transforming into the New World (g-f New World) of Transformation to improve the digital worlds they have created for billions. Big Tech is a powerful force that is both shaping and transforming our world. Big Tech is providing us with new and innovative technologies that are improving our lives in many ways. They are colonizing the New World. They are the most dominant companies in the information technology industry, notably the five largest American tech companies: Alphabet (Google), Amazon, Apple, Meta (Facebook), and Microsoft. These companies are referred to as the Big Five. 

The Big Tech companies are considered among the most prestigious employers in the world.

Big Tech is leading the charge in the development of new technologies. They are investing heavily in artificial intelligence, cloud computing, and other cutting-edge technologies. These technologies have the potential to transform our lives in many ways, from the way we work to the way we interact with the world around us.

Big Tech is not just developing new technologies. They are also using their existing technologies to change the way we live and work. For example, Amazon is using its e-commerce platform to disrupt the retail industry. Google is using its search engine to dominate the advertising market. And Meta is using its social media platforms to connect people from all over the world. Microsoft is transforming the world by providing individuals and businesses with the tools to “do more” through its user-friendly tools and digital transformation solutions. The company has had a profound technological and social impact on the world, making computing accessible to billions of people and improving the ways businesses operate and compete in a rapidly changing world. Apple is transforming the world through its innovative products and technologies that have revolutionized the way we work, play, and listen to music.

The Big Five are dominant players in their respective areas of technology: artificial intelligence, cloud computing, consumer electronics, e-commerce, home automation, online advertising, self-driving cars, social networking, software, and streaming media. They are among the most valuable public companies, having had a maximum market capitalization from around 1 to above 3 trillion U.S. dollars. In August 2020, the Big Five accounted for nearly a quarter of the S&P 500. In December 2021 and November 2022 respectively, Meta and Amazon fell below their trillion dollar valuations, while in March 2023, Apple and Microsoft alone accounted for 13 percent of the S&P 500.

The concept of Big Tech is analogous to the consolidation of market dominance by a few companies in other market sectors such as Goldman Sachs, Morgan Stanley, and J.P. Morgan in investment banking, the Big Three consulting firms, Big Oil, and Big Media. Globally, Baidu, Alibaba, Tencent, and Xiaomi ("BATX") are the Chinese equivalent of the Big Five, and are sometimes included in the definition of Big Tech. Big Tech can also refer to smaller tech companies with high valuations, or non-tech companies with high-tech practices such as the automaker Tesla.




Some relevant characteristics of this "genioux fact"

  • NUGGET KNOWLEDGE
  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from geniouxfacts + Wikipedia]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities to those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.



References


“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1103, Fernando Machuca, May 1, 2023, Genioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




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