The China Mail - Concentration of corporate power a 'huge' concern: UN rights chief

USD -
AED 3.672499
AFN 66.419163
ALL 83.598003
AMD 382.872845
ANG 1.789982
AOA 916.9998
ARS 1419.988799
AUD 1.531616
AWG 1.8075
AZN 1.691881
BAM 1.692542
BBD 2.015612
BDT 122.185827
BGN 1.6925
BHD 0.376994
BIF 2947.626218
BMD 1
BND 1.303893
BOB 6.940929
BRL 5.292002
BSD 1.000753
BTN 88.712434
BWP 13.392123
BYN 3.411595
BYR 19600
BZD 2.01267
CAD 1.403298
CDF 2148.000384
CHF 0.804965
CLF 0.023909
CLP 937.939723
CNY 7.11965
CNH 7.124902
COP 3753.72
CRC 502.449071
CUC 1
CUP 26.5
CVE 95.428287
CZK 21.013797
DJF 178.203941
DKK 6.461715
DOP 64.333558
DZD 130.516879
EGP 47.260168
ERN 15
ETB 153.670114
EUR 0.86538
FJD 2.279499
FKP 0.760102
GBP 0.759465
GEL 2.704944
GGP 0.760102
GHS 10.948744
GIP 0.760102
GMD 72.999757
GNF 8686.772533
GTQ 7.671304
GYD 209.377096
HKD 7.77385
HNL 26.329454
HRK 6.520197
HTG 131.020995
HUF 332.026984
IDR 16698
ILS 3.235249
IMP 0.760102
INR 88.670097
IQD 1310.988802
IRR 42100.000176
ISK 126.529788
JEP 0.760102
JMD 161.077601
JOD 0.708991
JPY 154.289499
KES 129.239773
KGS 87.450224
KHR 4018.900254
KMF 420.999728
KPW 900.001961
KRW 1464.509974
KWD 0.30713
KYD 0.83399
KZT 524.287556
LAK 21730.288266
LBP 89616.539597
LKR 304.310576
LRD 183.14546
LSL 17.198948
LTL 2.95274
LVL 0.60489
LYD 5.460698
MAD 9.265188
MDL 16.987876
MGA 4495.772503
MKD 53.248063
MMK 2099.688142
MNT 3580.599313
MOP 8.012358
MRU 39.738996
MUR 45.860521
MVR 15.405047
MWK 1735.307608
MXN 18.390845
MYR 4.159501
MZN 63.959909
NAD 17.198948
NGN 1436.301691
NIO 36.82293
NOK 10.138085
NPR 141.931911
NZD 1.772375
OMR 0.384488
PAB 1.000744
PEN 3.377656
PGK 4.224901
PHP 58.903007
PKR 282.959594
PLN 3.665795
PYG 7089.387554
QAR 3.647677
RON 4.399901
RSD 101.410974
RUB 81.249692
RWF 1454.57063
SAR 3.750503
SBD 8.230592
SCR 13.606037
SDG 600.498905
SEK 9.52301
SGD 1.303015
SHP 0.750259
SLE 23.169553
SLL 20969.499529
SOS 570.906857
SRD 38.496502
STD 20697.981008
STN 21.202392
SVC 8.756155
SYP 11056.839565
SZL 17.193842
THB 32.401015
TJS 9.272291
TMT 3.51
TND 2.954456
TOP 2.342104
TRY 42.235901
TTD 6.788227
TWD 30.981992
TZS 2455.596494
UAH 42.079825
UGX 3512.841039
UYU 39.819122
UZS 12023.867732
VES 228.194006
VND 26307.5
VUV 122.518583
WST 2.820889
XAF 567.66765
XAG 0.019706
XAU 0.000241
XCD 2.70255
XCG 1.803572
XDR 0.705996
XOF 567.66765
XPF 103.207605
YER 238.498708
ZAR 17.15655
ZMK 9001.200955
ZMW 22.641558
ZWL 321.999592
  • JRI

    -0.0600

    13.68

    -0.44%

  • BCC

    -0.8100

    69.83

    -1.16%

  • SCS

    -0.0200

    15.74

    -0.13%

  • CMSD

    0.0600

    24.16

    +0.25%

  • BTI

    0.8300

    55.42

    +1.5%

  • CMSC

    0.0400

    23.89

    +0.17%

  • RYCEF

    0.0200

    14.82

    +0.13%

  • GSK

    0.7300

    47.36

    +1.54%

  • RBGPF

    0.0000

    76

    0%

  • NGG

    -0.4200

    77.33

    -0.54%

  • RIO

    0.9600

    70.29

    +1.37%

  • BP

    0.5400

    37.12

    +1.45%

  • BCE

    -0.2500

    22.94

    -1.09%

  • VOD

    0.1200

    11.7

    +1.03%

  • RELX

    -0.2400

    42.03

    -0.57%

  • AZN

    2.9000

    87.48

    +3.32%

Concentration of corporate power a 'huge' concern: UN rights chief
Concentration of corporate power a 'huge' concern: UN rights chief / Photo: © AFP

Concentration of corporate power a 'huge' concern: UN rights chief

A few tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights challenges and needs regulation, the UN human rights chief told AFP in an interview.

Text size:

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 industrialised nations.

"They have amassed an immense amount of power," he said.

"And power, we all know, if it is not circumscribed by rule of law, by international rights law, can lead to abuse.

"It can lead to an exercise of powers to subjugate others."

The United Nations High Commissioner for Human Rights said he was deeply "worried that corporate power, if it's not constrained by the law and by international rights standards, is going to be a huge issue for us".

"It's an area where I think we as the human rights community will have to focus much more."

- 'Extremely manipulative' -

Turk did not mention any company by name.

But he spoke just days after Tesla shareholders endorsed a pay package that could reach $1 trillion for its chief executive Elon Musk -- already the world's richest person and owner of social media platform X.

Other high-profile tech figures like Meta chief Mark Zuckerberg and Amazon founder Jeff Bezos also figure among the world's wealthiest people.

Turk this year voiced alarm to the UN Human Rights Council over the influence wielded by "unelected tech oligarchs".

They "have our data: they know where we live, what we do, our genes and our health conditions, our thoughts, our habits, our desires and our fears", he told the UN's top rights body.

"They know how to manipulate us."

The fact that tech titans are racing to roll out generative artificial intelligence tools adds to the concern of many experts.

"Generative AI can have huge potential to resolve some of the biggest problems that we face, but we also can see the shadow side," Turk said.

He highlighted the impact AI-enhanced social media could have on election campaigns and other democratic processes.

It can be "extremely manipulative", he warned, and "can distort views, distract people from real life... the real issues".

- 'Climate denial' -

Turk cautioned that "AI that is unregulated can be a huge source of distraction, which then takes away the political energy that we need in order to actually fight autocratic tendencies, to push back on lack of control".

At the same time, AI is being used for "distorting reality", he said, adding he did not want to say it was creating alternative realities, "because they are not realities. It is fake".

And they are not harmless, he warned.

"The right to truth, the right to science are fundamental issues," Turk said.

With the UN climate conference under way in Brazil, he also decried the harm from climate change disinformation.

"I'm shocked to hear leaders talk about climate denial again, when we all know that we are already overshooting the goal that was set 10 years ago with the Paris Agreement," he said.

"What are we thinking? What are we doing to our children, our grandchildren, future generations?" he asked.

"There will be questions asked about accountability in the future, but then it's too late."

O.Tse--ThChM