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President Biden used his final public address from the Oval Office to warn the nation of the dangers posed by the spread of misinformation and power-hungry tech leaders.
“Today, America is shaped by an oligarchy of extreme wealth, power, and influence that literally threatens our entire democracy, our fundamental rights and freedoms, and our fair chance for all to get ahead.”
In his country Farewell message on WednesdayBiden repeated the warnings made by President Dwight Eisenhower about the military-industrial complex causing a “disastrous rise of misplaced power.”
“Six decades later, I am equally concerned about the potential rise of a tech-industrial complex that could pose real risks to our country as well,” Biden said. Despite praising America’s technological leadership for its innovation and ability to change people’s lives, Biden said he was concerned about “the dangerous concentration of power in the hands of a very few very wealthy people,” warning that there could be troubling consequences “if they are abused.” . “Power was left unchecked.”
“Americans are buried under a torrent of misinformation and disinformation that enables the abuse of power,” Biden warned. “The free press is collapsing. Editors are disappearing. Social media is abandoning fact-checking. The truth is being stifled by lies told for power and for profit.
On Monday, tech CEOs including Elon Musk, Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg will meet. They are expected to attend Trump’s inaugurationseated in a position of honor on the podium alongside former presidents and their family members. These same CEOs – either through their companies or through personal contributions – have reportedly donated $1 million each to Trump’s inauguration fund.
