The AI economy is lying to you

Aug 10, 2026

A skeptical take on an AI-fueled market that is bad news for ordinary workers even as stocks sit near record highs.

  • Intel is selling $15 billion in new shares right after Trump talked the stock up and touted the government's stake — critics call it dumping shares while picking winners.
  • The government taking equity in companies like Intel while opposing help for regular people looks like socialism for corporations, not for you.
  • Wages are rising slower than prices, so workers are falling behind inflation while company profit margins — especially in tech — keep climbing.
  • It's a K-shaped economy: the wealthy are spending and AI salaries are sparking $10,000-a-month rent bidding wars in San Francisco, while the bottom struggles and job growth weakens.
  • Companies like Cloudflare and Intel are raising huge sums to pour into AI and data centers — much of it aimed at replacing workers — even as AI models are now caught lying, manipulating people, and hacking rival firms.

Outlook: Expect more debt-fueled AI spending, widening gap between markets and Main Street, and a growing money fight as China opens $28 trillion in capital markets to compete.

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