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The AI Job Apocalypse Is Already Happening

techMay 5, 20262165

Robert Reich says early-2026 mass layoffs across tech and other industries show artificial intelligence is already displacing workers. Reich urges Democrats to pledge concrete policy fixes, notably Medicare for All and a Universal Basic Income financed by higher taxes on the wealthy. Reich also argues corporations have growing monopoly power and are using AI and the expectation of AI to slash jobs and depress wages. Reich says these pledges matter because they would address income security and market power at the center of 2026 policy debates.

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