Today, large tech companies don’t just dominate the returns of major stock indices; they also dominate discussions about ethical uses of technology, including artificial intelligence (AI). From 2022-2025, the seven largest tech companies collectively accounted for more than half of the returns of the S&P 500. But big tech companies have also made headlines through their contracts with the US Department of Defense (DoD), US Immigration and Customs Enforcement (ICE), the Israeli Defense Forces (IDF), and state-owned entities in Russia and China.
