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    Biden warns of dangerous ‘oligarchy’ in dark farewell speech

    Team_NewsStudyBy Team_NewsStudyJanuary 16, 2025 Trending News No Comments2 Mins Read
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    WASHINGTON: US President Joe Biden urged People on Wednesday (Jan 15) to “stand guard” in opposition to an “oligarchy” forming underneath Donald Trump as he delivered a darkish farewell tackle earlier than stepping down subsequent week.

    In a primetime speech from the Oval Workplace on the finish of his single term in office, the 82-year-old warned of an ultra-wealthy “tech industrial complicated” that might achieve unchecked energy over the American folks.

    “At the moment, an oligarchy is taking form in America of maximum wealth, energy and affect that actually threatens our whole democracy,” the 82-year-old Democrat stated.

    “That is a harmful focus of energy within the palms of a only a few ultra-wealthy folks.”

    Biden additionally lashed out at social media corporations, with X proprietor and the world’s richest man Elon Musk set to play a key position in Trump’s incoming administration and Meta boss Mark Zuckerberg courting the Republican.

    “People are being buried underneath an avalanche of misinformation and disinformation, enabling the abuse of energy,” stated Biden.

    Biden additionally warned of the risks of AI, saying that America should take the “lead” over China on the transformative know-how, and stated that “highly effective forces” threatened his local weather achievements.



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