Trump's AI panel and the K-shaped economy

May 27, 2026

AI is wiping out office jobs while Trump fills the AI advisory panel with loyalists and tech billionaires — bad news for young workers and the middle class.

  • Trump put former attorney general Pam Bondi on the White House AI panel despite no tech background, alongside David Sacks and execs from Meta, Nvidia, and Oracle.
  • AI is gutting the entry-level job market, hitting recent college grads with $100,000 in loans and no work to find.
  • The K-shaped economy keeps widening: the top 20% of earners now make up a bigger share of spending, while the bottom 80% shrinks.
  • Trump is pushing crypto and prediction markets — basically legalized gambling — as a pillar of the economy, with weak regulators like the CFTC in charge instead of the SEC.
  • Call center and back-office jobs that replaced factory work are now being replaced by AI, with no clear retraining plan beyond moving chip factories to Arizona.

Outlook: Job losses from AI will keep mounting while Washington favors tech billionaires over worker protections, deepening the wealth gap.

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