Stephen Holmes

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Professor of law at New York University and co-author of The Light that Failed.

Speaks on: AI AI Policy AI Regulation Economics Future Of Work

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AI will create a permanent underclass
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Tech billionaires, by contrast, openly anticipate the rise of a semi-permanent underclass as advanced systems eliminate tens of millions of jobs, concentrating wealth and power in the hands of existing capital holders and AI companies.
AI Verified source (Jun 17, 2026)

added 1d ago