Biden warns of misinformation and oligarchy in farewell address

Outgoing President Joe Biden delivered his farewell address from the Oval Office, warning of an emerging oligarchy in America and the dangers of misinformation. He highlighted the concentration of power among the wealthy and the impact of a "tech industrial complex." Biden emphasized the need for America to lead in artificial intelligence and noted threats to his climate achievements. He also mentioned a recent ceasefire and hostage deal in the Israel-Palestine conflict, reached after eight months of negotiations. In his speech, Biden reflected on the resilience of essential workers during the pandemic and criticized the decline of the free press and fact-checking on social media.