Biden warns of growing influence of tech leaders in America

In his final Oval Office address, President Biden warned about the rise of powerful tech leaders in America, likening it to an oligarchy that threatens democracy and basic rights. He expressed concern over the concentration of power among a few wealthy individuals. Biden referenced past warnings about the military-industrial complex and highlighted the potential dangers of a tech industrial complex. He criticized the spread of misinformation and the decline of the free press, stating that truth is being overshadowed by lies. The address comes as tech CEOs, including Elon Musk and Mark Zuckerberg, were honored at a recent event. Biden's remarks suggest a focus on the influence of these leaders, particularly in relation to misinformation and their political contributions.