Soros calls Trump administration a 'danger to the world'

Davos 2018: George Soros blasts social media tech giants, accusing them of 'deliberately engineering addiction', and

George Soros: Google and Facebook 'Deliberately Engineer Addiction'

Speaking at the World Economic Forum on Thursday night, Soros warned that escalating tensions between the U.S. and North Korea now pose an existential threat to the current world order, and argued that the world must now accept North Korea as a nuclear power to prevent armageddon for the rest of the world. Soros, a major Democratic donor, warned that Trump is a "danger to the world" and said that Trump and North Korean leader Kim Jung Un could lead the world into a nuclear war in order to preserve their own power.

Soros said he is using his foundation and the billions at his disposal to "protect the democratic achievements of the past". "There is a similarity between internet platforms and gambling companies", he said.

"But I regard it as a purely temporary phenomenon that will disappear in 2020, or even sooner", he said. "In the United States, President Trump would like to establish a mafia state, but he can't, because the Constitution, other institutions, and a vibrant civil society won't allow it".

After acknowledging the dangers of climate change, he turned his attention to "another global problem: the rise and monopolistic behavior of the giant I.T. -platform companies", such as Facebook and Google.

Though both Soros and Benioff are known for their strong opinions and political activism, their words come at a particularly sensitive time for the internet giants, which are grappling with a very public backlash in the wake of the 2016 U.S presidential election. Soros said that if they continued to follow these practices, they will soon be ceased.

Soros said the "network effect" that has propelled companies such as Facebook to dominance is "unsustainable", and predicted that Facebook will "run out of people to convert in less than three years".

The billionaire investor said these technology giants are not mere distributors of information as they claim to be. "People without the freedom of mind can be easily manipulated".

Soros also offered a stark warning that a future alliance between tech monopolies and authoritarian governments could bring together corporate and state-sponsored surveillance capabilities.

He added that some tech companies may fall into "unholy marriages" with regimes which oppose Western ideals, which could in turn give them "totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined". On the future of E.U., Soros said the bloc is "in a revolutionary period" where Russian Federation again has arisen and the European Union is in disarray.

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