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A small group of giant companies—some old, some new—are once again dominating the global economy, says Adrian Wooldridge. Is that a good or a bad thing?

Software is eating the world, and #BigData is the new oil  by @TheEconomist #dataviz #tech

  • How the world’s largest chemical company brews innovation
  • Even “old” big companies employ far fewer people than they used to.
  • Superstar companies are good at everything, including pushing the boundaries
  • In 2014 the top three companies in Silicon Valley had revenues of $247 billion and a market capitalisation of over $1 trillion but just 137,000 employees.
  • The McKinsey Global Institute, the consultancy’s research arm, calculates that 10% of the world’s public companies generate 80% of all profits.

A small group of giant companies—some old, some new—are once again dominating the global economy, says Adrian Wooldridge. Is that a good or a bad thing?

@robertoglezcano: Software is eating the world, and #BigData is the new oil by @TheEconomist #dataviz #tech

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A small group of giant companies—some old, some new—are once again dominating the global economy, says Adrian Wooldridge. Is that a good or a bad thing?

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