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Joe Biden alerts versus increasing ‘oligarchy’ in last speech– DW– 01/16/2025


Outgoing United States President Joe Biden alerted versus “a dangerous concentration of power in the hands of a very few ultra-wealthy people” throughout his last prepared comments to the country on Thursday.

“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,” he claimed.

Biden showed up to take objective at billionaire Elon Musk, and Meta CHIEF EXECUTIVE OFFICER Mark Zuckerberg, that have actually tossed their assistance behind President- choose Donald Trump’s political election win and has actually because been by his side.

Musk, Zuckerberg and Bezos are likewise apparently anticipated to have front row seats on the system together with Trump’s Cabinet choices and various other chosen authorities throughout Trump’s launch on January 20.

Biden provides alerting regarding ‘tech-industrial facility’

Biden claimed he was “equally concerned about the potential rise of a tech-industrial complex that could pose real dangers to our country as well.”

In doing so, Biden attracted a parallel to President Dwight Eisenhower’s 1961 goodbye speech where the 34th United States head of state alerted versus the facility of a “military-industrial complex.”

Biden’s speech came with a time of heating relationships in between huge technology and the inbound management.

Biden proclaims organizing offer, problems regarding environment modification, false information

Biden, that talked from the Resolute workdesk, with pictures of his family members noticeable behind him in the Oval Office, started his address by highlighting the ceasefire and captive launch offer in between Israel and Hamas.

Besides his cautions regarding hazards to United States freedom, Biden claimed he took care of to attain financial development for his nation while likewise functioning to secure the setting.

“Powerful forces want to wield their unchecked influence to eliminate the steps we’ve taken to tackle the climate crisis,” he claimed.

Biden claimed that the United States populace was “buried under an avalanche of misinformation and disinformation, enabling the abuse of power,” including that the flexibility of journalism remained in threat.

“The free press is crumbling. Pillars are disappearing. Social media is giving up on fact checking,” Biden claimed.

Trump’s inbound interactions supervisor and press assistant incorrectly declared on social networks that Biden’s speech was prerecorded.

Biden alerts versus risks of AI

Biden alerted versus the risks of expert system, which he called “the most consequential technology of our time, perhaps of all time.”

In his 15-minute speech, Biden included there ought to be a modification to the Constitution that explains head of states are not immune from criminal activities dedicated in workplace.

tg/rm (AFP, AP, Reuters)



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