We are not entering a free market era of digital innovation—we are entering the age of data barons. In this lecture, Whitney Webb dissects how figures like Elon Musk, Peter Thiel, and Eric Schmidt have positioned themselves at the nexus of Silicon Valley and the U.S. national security state. While marketed as champions of free speech, innovation, or even anti-establishment politics, their real ambitions are rooted in the consolidation of data, finance, and surveillance power.

Webb traces the trajectory from the post-9/11 surveillance state to today’s predictive policing, biometric IDs, and AI-driven monitoring systems, showing how bipartisan governments have steadily outsourced control to private oligarchs. From Musk’s attempt to transform X into a financial “everything app,” to Thiel’s Palantir building the infrastructure of predictive policing, to Schmidt directing the Pentagon’s AI strategy, the message is clear: these are not disinterested innovators, but political actors shaping the future of governance, economics, and social control.

Promises of liberty, deregulation, or healthier markets dissolve when followed to their incentives—what remains is a coordinated push toward a panopticon society where algorithms dictate risk, dissent is profiled, and citizens are managed as data points. Webb warns that bipartisan sales pitches may differ, but the destination is the same: a technocratic system where private oligarchs wield state power with minimal accountability.

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