The Warning of a Tech-Based Oligarchy: What Parents Need to Know
- The White Hatter
- Jan 19
- 3 min read
Updated: May 14
In his farewell speech, President Joe Biden expressed concern about what he described as the rise of a "tech-based oligarchy" in the United States. (1) He warned of a "dangerous concentration of power" held by a few of the world's wealthiest tech billionaires, highlighting the influence these individuals and their companies wield in shaping politics, culture, and society.
These warnings come at a critical moment, as the intersection of technology, politics, and business is increasingly influencing decisions that directly affect families. One example is the ongoing current debate over TikTok, the popular social media app, and its role in politics and governance.
In 2020, then-President Donald Trump issued an Executive Order addressing perceived national security threats posed by TikTok, citing concerns over its ownership by Chinese company ByteDance. (2) The order proposed banning the app in the U.S. unless it was sold to an American company.
Fast forward to today, President Trump, during his current term, has reversed his stance, suggesting that TikTok could remain operational in the U.S. if certain demands are met—such as a 50% ownership stake being transferred to American interests. (3) This shift has raised eyebrows, especially given reports of financial and political ties between TikTok’s leadership, its American business allies, and President Trump’s campaign donors.
For instance, in December 2024, Trump reportedly met with TikTok CEO Shou Chew, a meeting that coincided with significant donations from TikTok partners and supporters to his campaign. (4)(5) On January 2nd 2025, Trump posted on his Truth Social platform, stating, “Why would I want to get rid of TikTok?” while highlighting its benefits to him, his administration, and his supporters. (6) Will he once again flip back to a full ban ? - only time will tell.
What Does This Mean for Parents?
The concerns raised by Biden about tech oligarchs and the ongoing TikTok debate have implications far beyond politics, they touch on the well-being and safety of children online. While politicians debate the future of platforms like TikTok, the conversations rarely focus on issues that matter most to parents, such as:
Protecting kids from harmful content.
Problematic Algorithms
Addressing data privacy concerns.
Creating environments where children can safely explore, learn, and socialize online.
Instead, in the end, these debates often seem driven by financial and political motivations rather than the best interests of families as can be seen with what is happening with TikTok.
In today’s political and technological climate, holding tech companies accountable for the content they promote and the data they collect is proving to be an uphill battle. While advocacy groups continue to push for evidence-based legislation, progress is slow and often hampered by competing political and financial interests.
This is why parental involvement in digital literacy and internet safety is more important than ever. Parents must take an active role in:
Educating their children about the risks and benefits of using social media platforms.
Monitoring their online activity to ensure they’re engaging in safe and age-appropriate behaviour.
Advocating for change, but understanding that meaningful legislation may not come quickly, or responsibly, from politicians
While pushing for stronger laws to regulate tech giants is essential, parents cannot depend solely on lawmakers to safeguard their children’s online experiences. By staying informed, setting boundaries, and fostering open communication about technology, parents can provide the guidance kids need to navigate today’s digital landscape safely and responsibly.
The rise of a tech-based oligarchy is a real and pressing concern, but the immediate solution lies in the hands of families. Parents are, and will always be, the first line of defence in protecting their children from the challenges of today’s online world.
Rant OFF
The White Hatter
Facts Not Fear, Facts Not Emotions, Enlighten Not Frighten, Know Tech Not No Tech
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