In farewell speech to nation, Biden warns of threat of 'extreme wealth, power and influence' [View all]

Source: Nebraska Examiner

By: Shauneen Miranda - January 15, 2025 10:03 pm

WASHINGTON — President Joe Biden issued a series of warnings Wednesday night during his farewell address to the nation, while emphasizing the work still left to be done as the octogenarian soon caps off 50 years in public service.

Biden, in remarks from the Oval Office, highlighted what’s at stake regarding the threat of climate change, artificial intelligence and “a dangerous concentration of power in the hands of a very few ultra-wealthy people.”

“Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair shot for everyone to get ahead,” Biden said.

He echoed concerns about a “tech industrial complex,” noting that “Americans are being buried under an avalanche of misinformation and disinformation, enabling the abuse of power.”


Read more: https://nebraskaexaminer.com/2025/01/15/dc/in-farewell-speech-to-nation-biden-warns-of-threat-of-extreme-wealth-power-and-influence/