Summary
In his farewell speech, President Joe Biden warned of a growing “oligarchy” in the U.S., where extreme wealth and power threaten democracy.
Comparing modern elites to 19th-century robber barons, he called for reforms to hold the wealthy accountable, as done in the past.
Biden also criticized a “tech-industrial complex” concentrating power and spreading disinformation, weakening democracy.
His remarks sparked a surge in Google searches for “oligarchy.”
The speech comes amid rising concerns about policies favoring billionaires, like Trump’s tax cuts and potential cuts to social safety programs.
I mean give capitalism long enough we might be left with just one guy standing. I do mean guy. An immortal white shriveled dude, alone in a utopia of bots serving him.
Nah, they’re not immortal and all tech has problems. I get this is like the wet dream of the tech bros to be self-sufficient masters of robot armies, and I hate to kink shame, but it won’t ever happen.
