Joe Biden Farewell Ceremony  President-elect Donald Trump is going to take power on January 20. Before this, US President Joe Biden gave his farewell speech. In this, he discussed many issues. He warned that oligarchy is taking shape in America.

Power is getting centralized in the hands of the wealthy

Biden further said that power is being centralized in the hands of a few wealthy people, which is a threat to democracy. He also emphasized on amendment in the Constitution. He also said that no president is free from criminal liability. He was pointing towards Trump.

Also warned about Elon Musk

Biden also warned about the role of entrepreneur Elon Musk and others during Trump's tenure. He said that centralization of power in the hands of a few wealthy people can prove to be extremely dangerous. If left unchecked, there will be dangerous consequences. The system of separation of powers, checks and balances may not be perfect, but it has kept our democracy alive for almost 250 years.

Biden warned that Americans are being buried under a pile of misinformation and disinformation, leading to abuse of power, referring to Mark Zuckerberg's recent announcement that his company Meta would stop fact checking on its internet media platforms such as Facebook.

The free press is collapsing: Biden

Biden said that the free press is collapsing. Editors are disappearing. Internet media is giving up fact checking. Truth is suppressed by lies. We must hold internet platforms accountable to save our children, families and democracy.

He also warned about the dangers of artificial intelligence. He also said that America should lead the world in the development of AI, not China.