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President Biden Warns Of Dangerous Concentration Of Power In America

Joe Biden Donald Trump America Elon Musk United States Jeff Bezos Mark Zuckerberg Reid Hoffman
Joe Biden U.S. Steel Nippon Steel U.S. President Joe Biden's campaign event in Atlanta

In his farewell speech, President Biden expressed concerns about the growing influence of an 'ultra-wealthy' oligarchy in America. He highlighted the dangers of a concentration of power in the hands of a few individuals, particularly in the tech industry.

Biden's remarks came as reports surfaced of top tech CEOs like Elon Musk, Jeff Bezos, and Mark Zuckerberg cozying up to President-elect Trump. These billionaires, collectively worth over $850 billion, are set to attend Trump's inauguration alongside his Cabinet picks and elected officials.

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