President Biden in his farewell address to the nation on Wednesday took aim at Big Tech and warned of "dangerous consequences" if a "concentration of power in the hands of a very few ultra-wealthy people" goes unchecked.
Why it matters: Biden's warning that an "oligarchy" was "taking shape in America" comes as the world's richest person, Elon Musk prepares to co-lead the incoming Trump administration's new Department of Government Efficiency...
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