Joe Biden lashed out at Elon Musk and technology bosses last night as he made his final speech before leaving the White House. Biden, 82, warned that an "oligarchy" and "tech industrial complex" was on the rise - adding that "Americans are being buried under an avalanche of misinformation and disinformation".
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump’s new administration
Borrowing from Dwight Eisenhower, he warned of an ascendant “tech-industrial complex,” and that “an oligarchy is taking shape in America of extreme wealth, power, and influence that really threatens our entire democracy,
President Joe Biden warned ‘oligarchy is taking shape in America’ during his final address from the Oval Office
Jeff Bezos, Mark Zuckerberg, Elon Musk, and other tech leaders are providing Trump with a warmer welcome to the White House than eight years ago.
Many White House officials believe that Joe Biden missed an opportunity by not making a friend of Elon Musk, according to a report. While Biden in his Wednesday farewell address warned of the emergence of oligarchs in the United States,
Biden warned of the "dangerous concentration of power" among the wealthy in a speech that also took shots at Trump
Joe' host Joe Scarborough expressed on Thursday's show that he has "always been horrified" by the Chinese-owned app TikTok and said Elon Musk should not be the person to take over American operations for the social platform.
President Biden will not enforce a TikTok ban set for January 19, leaving the decision to President-elect Trump. Congress mandated TikTok’s parent company, ByteDance, to divest by this date.