The AI Layoff Wave Is Becoming a Powder Keg
Tech companies are posting record profits while laying off nearly 150,000 workers in 2026, citing AI as the cause, even as a small cohort of AI insiders accumulates unprecedented wealth.
Latest News and Analysis in Economic Inequality
Tech companies are posting record profits while laying off nearly 150,000 workers in 2026, citing AI as the cause, even as a small cohort of AI insiders accumulates unprecedented wealth.
Economist Simon Johnson warns that AI risks eroding middle-class employment and widening inequality unless policymakers act decisively.