In his farewell address, US President Joe Biden warned against the rise of a “dangerous” oligarchy under Donald Trump’s influence, urging Americans to remain vigilant. He expressed concern over the growing concentration of wealth and power in the hands of a few ultra-wealthy individuals, particularly within the “tech industrial complex.” Biden also criticized social media companies and the spread of misinformation, which he said enables the abuse of power. Additionally, he voiced concerns about artificial intelligence and its potential risks, stressing the importance of America leading in the technology race against China.
Biden’s address, which marked his final days in office, also touched on his achievements in areas like the economy, healthcare, climate change, and gun violence. Despite his efforts to bolster his legacy, Biden’s approval ratings have remained low, with a recent poll showing just 36% approval. His remarks included a reference to his belief that the “soul of America” was at stake, which motivated his presidential bid. Biden’s presidency concludes amidst challenges, including his decision to run for a second term despite concerns over his age.