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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
