What AI’s nightmare November means for politics, power and business

In this week’s episode of Independent Thinking, our experts assess the impact of US voter discontent, scandal and market setbacks for the tech sector.

Audio

Published 13 November 2026 — 25 minute listen

American voters’ aversion to data centres and suspicion of AI’s potential to destroy jobs played a major role in the Republican Party’s losses in the US midterms.

Then the tech-heavy US stock market tumbled as investors became concerned that a Democrat-controlled congress might be less accommodating of hyperscalers. Recovery has been shaky, and the resignation of NVIDIA’s CEO Jensen Huang following his affair with an alleged Chinese spy is likely to make things worse.

Bronwen Maddox is joined by David Lubin from our Global Economy and Finance Programme, and Alex Krasodomski, director of our Digital Society Programme.

About Independent Thinking

Independent Thinking is a weekly international affairs podcast hosted by our director Bronwen Maddox, in conversation with leading policymakers, journalists and Chatham House experts providing insight on the latest international issues.

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