At Davos, George Soros tears into Facebook and Google

Davos, Switzerland

Financier and philanthropist George Soros criticized Donald Trump and Vladimir Putin at his annual Davos dinner, decried the state of global democracy, and warned about the rising threat of nuclear war.

While his words were certainly chilling, Soros has sounded some of these warnings before. This year, though, he flagged a brand new threat—the unchecked power of Google and Facebook, which Soros feels now have “monolithic power” that they’re using to manipulate and deceive consumers. The net result could be totalitarian control, Soros said. Here is a transcript of his full remarks on the topic:

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