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

USD -
AED 3.67299
AFN 65.504435
ALL 81.909835
AMD 377.970359
ANG 1.79008
AOA 917.000274
ARS 1416.5179
AUD 1.40994
AWG 1.8
AZN 1.701928
BAM 1.646747
BBD 2.012849
BDT 122.13779
BGN 1.67937
BHD 0.376972
BIF 2956
BMD 1
BND 1.268203
BOB 6.920331
BRL 5.191177
BSD 0.999352
BTN 90.600003
BWP 13.170436
BYN 2.880286
BYR 19600
BZD 2.009919
CAD 1.35577
CDF 2215.000099
CHF 0.76657
CLF 0.0216
CLP 852.870425
CNY 6.922502
CNH 6.91533
COP 3670.99
CRC 495.427984
CUC 1
CUP 26.5
CVE 93.350345
CZK 20.32602
DJF 177.719996
DKK 6.27128
DOP 62.650173
DZD 129.455003
EGP 46.863802
ERN 15
ETB 155.149847
EUR 0.83941
FJD 2.189197
FKP 0.735168
GBP 0.73038
GEL 2.694978
GGP 0.735168
GHS 11.010446
GIP 0.735168
GMD 73.498062
GNF 8760.493911
GTQ 7.666239
GYD 209.083408
HKD 7.81498
HNL 26.454997
HRK 6.323002
HTG 131.056026
HUF 316.187497
IDR 16801
ILS 3.082398
IMP 0.735168
INR 90.76135
IQD 1310.5
IRR 42125.000158
ISK 121.709666
JEP 0.735168
JMD 156.313806
JOD 0.709031
JPY 155.921499
KES 129.000247
KGS 87.449925
KHR 4033.000286
KMF 418.999822
KPW 899.993603
KRW 1457.990123
KWD 0.30679
KYD 0.832814
KZT 493.541923
LAK 21500.00008
LBP 88697.506149
LKR 309.311509
LRD 186.150155
LSL 16.302956
LTL 2.95274
LVL 0.60489
LYD 6.324958
MAD 9.185024
MDL 16.974555
MGA 4439.999688
MKD 51.728623
MMK 2099.674626
MNT 3566.287566
MOP 8.045737
MRU 39.850069
MUR 46.050236
MVR 15.450227
MWK 1737.000013
MXN 17.20373
MYR 3.934501
MZN 63.749816
NAD 16.2977
NGN 1365.429811
NIO 36.696907
NOK 9.587745
NPR 144.959837
NZD 1.65148
OMR 0.384451
PAB 0.999356
PEN 3.367501
PGK 4.266003
PHP 58.49797
PKR 279.698147
PLN 3.531795
PYG 6589.344728
QAR 3.641351
RON 4.272803
RSD 98.523996
RUB 76.995174
RWF 1453
SAR 3.750477
SBD 8.058149
SCR 13.705999
SDG 601.496859
SEK 8.917985
SGD 1.26561
SHP 0.750259
SLE 24.449708
SLL 20969.499267
SOS 571.499267
SRD 37.971497
STD 20697.981008
STN 21.05
SVC 8.744817
SYP 11059.574895
SZL 16.292558
THB 31.119599
TJS 9.359244
TMT 3.505
TND 2.847503
TOP 2.40776
TRY 43.590405
TTD 6.770456
TWD 31.549907
TZS 2583.597024
UAH 43.079799
UGX 3557.370493
UYU 38.318564
UZS 12275.000431
VES 377.985125
VND 25910
VUV 119.675943
WST 2.73072
XAF 552.310426
XAG 0.011956
XAU 0.000197
XCD 2.70255
XCG 1.801105
XDR 0.689856
XOF 554.492654
XPF 101.697197
YER 238.401353
ZAR 15.899095
ZMK 9001.196542
ZMW 18.893454
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    0.0200

    23.97

    +0.08%

  • NGG

    0.3300

    88.39

    +0.37%

  • RIO

    3.4400

    96.85

    +3.55%

  • GSK

    -1.2200

    59.01

    -2.07%

  • BCE

    0.5400

    25.62

    +2.11%

  • BTI

    -1.6500

    61.15

    -2.7%

  • BCC

    -2.0100

    89.02

    -2.26%

  • AZN

    -5.0200

    188.01

    -2.67%

  • JRI

    -0.1600

    12.81

    -1.25%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSC

    0.0750

    23.585

    +0.32%

  • BP

    0.2100

    39.22

    +0.54%

  • RYCEF

    0.5300

    17.41

    +3.04%

  • RELX

    0.1000

    29.48

    +0.34%

  • VOD

    0.3700

    15.48

    +2.39%

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