[intake · axios · 2026-05-29]
"The pitchforks are here": Billionaires work to contain AI's populist revolt
America's billionaires are scrambling to respond to AI-driven wealth concentration amid mounting populist backlash, with proposals ranging from Bezos's tax cuts for the bottom 50% to Altman's universal basic compute. Senator Warren and Governor Newsom warn that resentment toward billionaires and AI-driven automation will dominate the 2026 and 2028 elections.
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