It doesn't, these companies are building their own little kingdoms and robot armies. They don't care about the economy when they can control everything.
This is a nice story and how it played out is great for Switzerland. But the ways listed on how to fix it, wouldn't work in the US. See companies in the US have already worked around what worked for Switzerland.
The different levels of governments in the US are corrupt. Sometimes from town all the way up to Federal. Actually its definitely completly corrupt at the Federal level. A politician or Judge has already been bought to make sure a case like the Swisscom lost. Would never happen here.
So before we have any progress in really any industry in the US. We need to desperately clean house with our politicians, attorney generals and judges.
The stock market is a very large Ponzi scheme. 401Ks are indexed Ponzi schemes. Once the ultra wealthy can disconnect their wealth from any one country, using crypto tokens. The stock market and 401Ks will probably crash. You usually want to do this on a generation that has no real voting block. So it will probably happen when GenX starts retiring.
Again this is different in a Capitalists society vs a Socialist one.
In a Capitalists society everyone is pitted against each other trying to out compete the other at whatever the cost. Safety in this environment is thought of at the end after a lot of suffering because one group has to win it all. Damages can externalized.
In a Socialist society we build basic rules and we compete within them. Thinking of safety as we build something and refining those rules as we build it because at the end, we are all affected by it and get to benefit from it.
I think the reason tech didn't help productivity until the late 90s is pretty obvious. The internet was missing. Computers needed the internet to make them useful to everyone. So the question should be.
What is Ai missing that will make it useful to everyone?
You left out the part where they realized they couldn't ship S3 compatibility without rebuilding their storage service. So they have decided to rebuild their storage service. Not really a small project. So I can see how its taking longer. At least they were transparent about it.
"Rust is self-hosting: To build a new rustc, you need an existing rustc binary (usually the previous stable release). This creates a chain of trust that goes back to the very first bootstrap (historically from OCaml, but modern versions rely on prior Rust binaries).
If any link in that historical chain was ever compromised the backdoor can live on indefinitely.
Unlike C/C++ (which has diverse independent compilers like GCC, Clang, MSVC), Rust has essentially one production compiler (rustc). This makes diverse double-compilation (DDC), the main defense, much harder. DDC involves compiling the compiler source with multiple independent compilers and checking that the outputs match (proving the binary corresponds to the source). With only one mature compiler, you can't easily cross-verify.
There have been public demonstrations of exactly this kind of attack working on Rust (e.g., Manish Goregaokar's "Reflections on Rusting Trust" in 2016."
Government has a massive network of cameras, drones and facial recognition devices.
You basically can't walk anywhere in Michigan without getting your face scanned.
https://www.atlasofsurveillance.org/atlas
Incompetence, our "leaders" are woefully incompetent. MAGA, GOP and the right are filled with idiots. The Liberal and Neoliberal Democrats at least were a little better at stealing everything from us and delaying progress. They would bury people in culture wars and keep their followers busy with DEI rules. They used legitimate racist issues and then said everything was caused by racism and not that the 1% was just stealing everything.