I don’t think so. The billionaires found a way to control the population. All they had to do was to become the government and have sufficient tech.
If Stazi and KGB had the tech we have today, we’d be still having DDR,Warsaw Pact, and Iron Curtain.
Ellison speaks the future. Quoting Mike Tyson „and whatcha gonna do 'bout it”. Ellison even has a database and a programming language he’d like to sell you to make that happen.