Are we sleepwalking into an AI 'economic bloodbath'?

The News Agents

Friday, 29 August 2025 - 39 minutes

This is the first part of two special Friday episodes on the way AI promises to transform our politics, economies and societies. Lewis has been in San Francisco, where trillions of dollars of investment in AI is fuelling the 21st century equivalent of the space race. Around half a dozen firms are powering this revolution, largely out of sight or scrutiny. While the political and economic implications are profound, politicians seem unwilling or unable to even conceptualise what might be about to happen to their own voters.

In the first of these special episodes, Lewis has been speaking to Jack Clark, one of the founders of Anthropic - one of the big AI firms. These companies don’t speak out that often, but Clark has a sober message for politicians. If politics doesn’t wake up- there could be an economic bloodbath within the next 18 months.

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