Biden's veiled attack at Musk, Zuckerberg, Outgoing U.S. President warns' tech oligarchs'
Edited By WION Video Desk
Published: Jan 16, 2025, 17:26 IST | Updated: Jan 16, 2025, 17:26 IST
During his farewell address on Wednesday, U.S. President Joe Biden cautioned that an American oligarchy is forming, specifically a tech-oligarchy dominated by a few billionaires who hold a "dangerous concentration of power." He referred to the emergence of a "tech industrial complex," echoing sentiments from President Dwight Eisenhower's farewell address in 1961.
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