Is AI Fueling Economic Inequality?

AI is fueling inequality. A storm may be brewing.

With the advent of AI, the unemployment rate for 20–24-year-olds in the US jumped from 5.5% to 9.2% in just two years.

At the same time, AI-driven capex is booming.
Great for industrial demand.
Not so great for utility bills.

Add in easy monetary policy, big fiscal spending, and skyrocketing asset prices… And the cost of basic services keeps climbing. Healthcare. Childcare. Everyday essentials. All are more expensive.

So we’re seeing a squeeze:
Higher living costs + rising unemployment for entry-level workers.
Low-income households feel it first.
But now mid-income households are getting hit too.

Meanwhile, the top 10% own 90% of the stock market.
And the stock market keeps booming.
AI is helping.

Result:
The rich keep getting richer. Everyone else is stretched thinner.
A reminder that in this economy…
Not everyone is playing the same game.