Tech–industrial Complex
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Tech–industrial Complex
The expression "tech–industrial complex" describes the relationship between a country's tech industry and its influence on the concentration of wealth, censorship or manipulation of algorithms to push an agenda, spread of misinformation and disinformation via social media and artificial intelligence, and public policy. The expression is used to describe Big Tech, Silicon Valley, and the largest IT companies in the world. The term is related to the military–industrial complex, and has been used to describe the United States Armed Forces and its adoption of AI-enabled weapons systems. The expression was popularized after a warning of the relationship's detrimental effects, in the farewell address of U.S. President Joe Biden on January 15, 2025. Etymology U.S. President Joe Biden used the term in his farewell address to the Nation on January 15, 2025: Analysis The term was first used in U.S. President Joe Biden's farewell address, and alluded to Dwight D. Eisenhower's wa ...
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Tech Industry
Tech or The Tech may refer to: * An abbreviation of technology or technician *Tech Dinghy, an American sailing dinghy developed at MIT *Tech (mascot), the mascot of Louisiana Tech University, U.S. * Tech (river), in southern France * "Tech" (''Smash''), a 2012 episode of TV series ''Smash'' * ''The Tech'' (newspaper), newspaper at the Massachusetts Institute of Technology * The Tech Interactive, formerly The Tech Museum of Innovation, or The Tech, a museum in San Jose, California, U.S. * Tech Tower, a building at the Georgia Institute of Technology, Atlanta, Georgia, U.S. See also * USS ''Tech Jr.'' (SP-1761), a United States Navy patrol boat in commission in 1917 * USS ''Tech III'' (SP-1055), a United States Navy patrol boat in commission in 1917 *Technical (other) Technical may refer to: * Technical (vehicle), an improvised fighting vehicle * Technical area, an area which a manager, other coaching personnel, and substitutes are allowed to occupy during a football ...
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Oligarchy
Oligarchy (; ) is a form of government in which power rests with a small number of people. Members of this group, called oligarchs, generally hold usually hard, but sometimes soft power through nobility, fame, wealth, or education; or through corporate, religious, political, or military control. Throughout history, power structures considered to be oligarchies have often been viewed as coercive, relying on public obedience or oppression to exist. Aristotle pioneered the use of the term as meaning rule by the rich, contrasting it with aristocracy, arguing that oligarchy was a corruption of aristocracy. Types Minority rule The consolidation of power by a dominant minority, whether religious or ethnic, can be considered a form of oligarchy. Examples include South Africa during apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar, and Rhodesia. In these cases, oligarchic rule was often tied to the legacy of colonialism. In the early 20th ...
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Jeff Bezos
Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ; born January 12, 1964) is an American businessman best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. According to ''Forbes'', as of May 2025, Bezos's estimated net worth stood at US$220.9 billion, making him the third richest individual in the world. He was the wealthiest person from 2017 to 2021, according to ''Forbes'' and the '' Bloomberg Billionaires Index''. Bezos was born in Albuquerque and raised in Houston and Miami. He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in mid-1994 on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, includi ...
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Mark Zuckerberg
Mark Elliot Zuckerberg (; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling shareholder. Zuckerberg has been the subject of multiple lawsuits regarding the creation and ownership of the website as well as issues such as user privacy. Born in White Plains, New York, Zuckerberg briefly attended Harvard College, where he launched Facebook in February 2004 with his roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Zuckerberg took the Initial public offering of Facebook, company public in May 2012 with majority shares. He became the world's youngest self-made billionaire in 2008, at age 23, and has consistently ranked among the The World's Billionaires, world's wealthiest individuals. According to ''Forbes'', Zuckerberg's estimated net worth stood at US$221.2 billion as of May 2025, making him the s ...
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S&P 500
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an aggregate market cap of more than $49.8 trillion as of March 31, 2025. The S&P 500 index is a Free-float weighted/ capitalization-weighted index. As of April 2025, the ten largest companies on the list of S&P 500 companies accounted for approximately 35% of the market capitalization of the index and were, in order of highest to lowest weighting: Apple (6.4%), Microsoft (6.2%), Nvidia (6.0%), Amazon.com (3.8%), Alphabet (3.6%, including both class A & C shares), Meta Platforms (2.7%), Berkshire Hathaway (2.0%), Broadcom (1.8%), Tesla (1.6%), and JPMorgan Chase (1.4%). The components that have increased their dividends in 25 consecutive ye ...
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Magnificent Seven (stocks)
Big Tech, also referred to as the Tech Giants or Tech Titans, is a collective term for the largest and most influential technology companies in the world. The label draws a parallel to similar classifications in other industries, such as "Big Oil" or "Big Tobacco". In the United States, it commonly denotes the five dominant firms—Alphabet, Amazon, Apple, Meta, and Microsoft—often called the "Big Five". An expanded grouping, sometimes termed the "Magnificent Seven", includes Nvidia and Tesla. The concept of Big Tech can also extend to the major Chinese technology firms—Baidu, Alibaba, Tencent, and Xiaomi—collectively referred to as BATX. History In the late 20th century, IBM, Apple and Microsoft dominated the IT industry. After the dot-com bubble wiped out most of the Nasdaq Composite stock market index, surviving tech startups expanded their market share and became dominant in their markets. The term Big Tech began to appear around 2013, when some economists speculate ...
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Second Inauguration Of Donald Trump
The United States presidential inauguration, inauguration of Donald Trump as the 47th president of the United States took place on Monday, January 20, 2025. Due to freezing temperatures and high winds, it was held inside the United States Capitol rotunda, U.S. Capitol rotunda in Washington, D.C. It was the 60th U.S. presidential inauguration and the second inauguration of Trump as U.S. president, marking the commencement of his Second presidency of Donald Trump, second and final nonconsecutive term and JD Vance's term as vice president of the United States, vice president. It was the second nonconsecutive re-inauguration for a U.S. president, after the second inauguration of Grover Cleveland in 1893. First inauguration of Donald Trump, Trump's first inauguration was exactly eight years earlier, on January 20, 2017. The event included a swearing-in ceremony, a signing ceremony, an inaugural luncheon, a Pass in Review, first honors ceremony, and then a procession and parade at Ca ...
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Twitter
Twitter, officially known as X since 2023, is an American microblogging and social networking service. It is one of the world's largest social media platforms and one of the most-visited websites. Users can share short text messages, images, and videos in Microblogging, short posts commonly known as "Tweet (social media), tweets" (officially "posts") and Like button, like other users' content. The platform also includes direct message, direct messaging, video and audio calling, bookmarks, lists, communities, a chatbot (Grok (chatbot), Grok), job search, and Spaces, a social audio feature. Users can vote on context added by approved users using the Community Notes feature. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams, and was launched in July of that year. Twitter grew quickly; by 2012 more than 100 million users produced 340 million daily tweets. Twitter, Inc., was based in San Francisco, C ...
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Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a businessman. He is known for his leadership of Tesla, SpaceX, X (formerly Twitter), and the Department of Government Efficiency (DOGE). Musk has been considered the wealthiest person in the world since 2021; ''Forbes'' estimates his net worth to be . Born to a wealthy family in Pretoria, South Africa, Musk emigrated in 1989 to Canada. He received bachelor's degrees from the University of Pennsylvania in 1997 before moving to California, United States, to pursue business ventures. In 1995, Musk co-founded the software company Zip2. Following its sale in 1999, he co-founded X.com, an online payment company that later merged to form PayPal, which was acquired by eBay in 2002. That year, Musk also became an American citizen. In 2002, Musk founded the space technology company SpaceX, becoming its CEO and chief engineer; the company has since led innovations in reusable rockets and commercial spaceflight. Musk joined ...
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Second Gilded Age
The Second Gilded Age or New Gilded Age is a proposed time period of United States history that is said to have begun between the 1980s and 2010s and continued up to the present. The Second Gilded Age is so named for its resemblance to the First Gilded Age of the 1870s to 1890s, a period marked by laissez-faire capitalism, political corruption, and wealth inequality. Historians disagree over what exact time period constitutes the Second Gilded Age, while others argue that no such period exists. Those who suggest the U.S. is in a Second Gilded Age say that it started with the implementation of neoliberal policies along with the junk bonds scandal of the 1980s, the dot-com bubble of the 1990s, the collateralized debt obligations of the 2000s, or the 1 percent of the 2010s. These proposals largely agree that wealth inequality and political corruption are as rampant as in the First Gilded Age. Others argue that race relations and civil rights comparisons are more apparent. On the oth ...
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Theodore Roosevelt
Theodore Roosevelt Jr. (October 27, 1858 – January 6, 1919), also known as Teddy or T.R., was the 26th president of the United States, serving from 1901 to 1909. Roosevelt previously was involved in New York (state), New York politics, including serving as the state's List of governors of New York, 33rd governor for two years. He served as the 25th Vice President of the United States, vice president under President William McKinley for six months in 1901, assuming the presidency after Assassination of William McKinley, McKinley's assassination. As president, Roosevelt emerged as a leader of the History of the Republican Party (United States), Republican Party and became a driving force for United States antitrust law, anti-trust and Progressive Era policies. A sickly child with debilitating asthma, Roosevelt overcame health problems through The Strenuous Life, a strenuous lifestyle. He was homeschooled and began a lifelong naturalist avocation before attending Harvard Colleg ...
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Politico (website)
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American political digital newspaper company founded by American banker and media executive Robert Allbritton in 2007. It covers politics and policy in the United States and internationally, with publications dedicated to politics in the U.S., European Union, United Kingdom, and Canada, among others. Primarily providing distributed news, analysis and opinion online, it also produces printed newspapers, radio, and podcasts. Its coverage focuses on topics such as the federal government, lobbying and the media. Ideologically, ''Politicos coverage has been described as centrist on American politics and Atlanticist on international politics. In 2021, ''Politico'' was acquired for reportedly over US$1 billion by Axel Springer SE, a German news publisher and media company. Axel Springer is Europe's largest newspaper publisher and had previously acquired ''Business Insider''. Unlike employees of its German ...
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