President Biden delivers his farewell address to the nation from the White House. President Biden warned in his farewell speech of an "ultra-wealthy" "oligarchy" posing a threat to America as big tech CEOs have been warming up to President-elect Trump in recent months -- despite his own administration accepting donations from Democratic mega-donors. Biden spoke Wednesday as reports emerged this week that Elon Musk, Jeff Bezos and Mark Zuckerberg – the three most wealthy people in the world who collectively are worth more than 850 billion, according to Forbes – will be seated next to Trump's Cabinet picks and elected officials next Monday at his inauguration. "I have no doubt that America is in a position to continue to succeed. That's why in my farewell address tonight, I want to warn the country of some things that give me great concern. And the dangerous consequences if their abuse of power is left unchecked," Biden said from the Oval Office.

President Biden delivers his farewell address to the nation from the White House. President Biden warned in his farewell speech of an "ultra-wealthy" "oligarchy" posing a threat to America as big tech CEOS have been warming up to President-elect Trump in recent months. Biden spoke Wednesday as reports emerged this week that Elon Musk, Jeff Bezos and Mark Zuckerberg – the three most wealthy people in the world who collectively are worth more than 850 billion, according to Forbes – will be seated next to Trump's cabinet picks and elected officials next Monday at his inauguration. "I have no doubt that America is in a position to continue to succeed. That's why in my farewell address tonight, I want to warn the country of some things that give me great concern. And the dangerous consequences if their abuse of power is left unchecked," Biden said from the Oval Office.

This article is from Big Technology, a newsletter by Alex Kantrowitz. You can already see the machine at work. Corporations, politicians, threadbois, and "thought leaders" are probing and prodding, searching desperately for ways to use surging curiosity about all things artificial intelligence to mask problems, gain favor with the public, and monetize attention. This A.I.-PR industrial complex is growing larger and worse than its predecessors--even crypto!--because the technology is making anything seem possible. With so much opportunity, vacuousness fills the gaps, and exploitation follows.

Before we delve deep into this subject, let's hear what expert-level research has to say about both of these technologies: We can keep on going with the many more remarkable statistics about AI and IoT, but these ones should be enough for now. The re-emergence of the decades-old technological ideas like Artificial Intelligence and the Internet of Things, at the right time and right place, has suddenly disrupted the traditional industrial norms – for the better this time. It has kickstarted a digital revolution that was only possible way back in the science fiction writings of H.G. Wells, Jules Verne, Arthur Conan Doyle, or other masterminds of Sci-Fis. It has ushered the classical Industrial Revolution of the 18th century into the Industry 4.0 of the 21st. The early proponents and experts of both technologies were simply ecstatic about the outstanding transformational possibilities a union between AI and IoT could produce.