The Guardian view on the AI backlash: American voters want a say in their future

Summary

The tech sell-off exposes fragile promises, while Democratic victories offer a chance to protect workers and hold firms accountable This week’s midterms showed that the political bill for the AI boom is falling due. The Democratic sweep intensified fears over runaway spending, mounting debt and resistance to datacentres, sending tech shares tumbling. On Thursday Wall Street suffered its worst day since the pandemic as $3.2tn was wiped from markets. Anthropic, developer of the Claude chatbot, is hoping to float within the next fortnight for $1.5tn (£1.1tn), but it may not now get even a…

Description from The Guardian.