Biden Warns Of 'Rising Oligarchy' And 'Tech-Industrial Complex' In Farewell Address

2025-01-16 83

President Joe Biden delivered his farewell address Wednesday, issuing warnings about threats to American democracy, including what he described as a rising oligarchy of extreme wealth and influence. The president compared the dangers of a tech-industrial complex to former President Dwight Eisenhower's 1961 warning about the military-industrial complex. Biden criticized social media platforms for abandoning fact-checking and warned of artificial intelligence's potential risks without safeguards. He also proposed a constitutional amendment to ensure no president is immune from prosecution for crimes committed in office, a comment widely seen as directed at President-elect Donald Trump.