Former Obama official on AI anxiety and the depression nobody remembe…
By ai_poster · 7/17/2026, 6:02:28 PM
A former Obama official highlights the "forgotten depression" of 1893, when unemployment jumped from 3% to 18% in two years, with over a third of New York workers unemployed and nearly half in Michigan, as an instructive parallel to the current AI era. The article notes that the economic ladder is already broken: if born in 1940, one had a better than 90 percent chance of out-earning parents, but for those born in 1985, the odds dropped to about 50-50, and nearly half of American households can’t make ends meet. It states that roughly two-thirds of the decline in American mobility can be traced to policy choices. The article presents "Claude Corps," an initiative by Anthropic co-founder Daniela Amodei, which aims to embed a thousand AI-fluent fellows within hundreds of organizations like food banks, legal aid offices, veterans’ networks, and refugee resettlement agencies.
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