Concerns about artificial intelligence's impact on jobs combined with the rising cost of living could mark a new voting trend in US elections, experts say.
After a Democratic Party sweep of major US elections, including the historic victory of Zohran Mamdani in New York City's mayoral polls, politicians and commentators are looking for insight into what voters are thinking.
Mr Mamdani, a self-described Democratic socialist, campaigned on the rising cost of rent in the city while pushing for community-run grocery shops, free buses and universal child care – safety-net programmes that would help in times of layoffs.
It is too early to draw a major conclusion based solely on Mr Mamdani's win, as a host of issues were behind his victory. Yet months before the election, the Cato Institute, a libertarian think tank, pointed out that socialism in the US was having a moment, particularly among young people.
The survey showed that 62 per cent of citizens aged 18 to 29 held a "favourable view" of socialism, something that senior editor Michael Chapman described as "shocking".
The push for social programmes in the New York City election took place at a time of confusion in the US labour market about AI.
Towards the end of October, Amazon's chief executive Andy Jassy said AI was a motivating factor behind the company's decision to axe 14,000 workers. Microsoft, Meta and Google also announced layoffs this year.
The job cuts are notable for the fact that they have affected white-collar workers, computer programmers and managers.
Amid these cuts, a recent poll from the Pew Research Centre showed an increasing chasm between experts and the general public in enthusiasm for AI in the US.
Experts surveyed by Pew were significantly more likely – 56 per cent compared with 17 per cent – than the average American to say that AI would have a "very or somewhat positive" impact on society over the next 20 years.
Perhaps more striking, only 23 per cent of the general public polled said that AI would have a positive impact on how they work, with a "majority of US adults" thinking that AI would eliminate jobs in the next two decades.
Nvidia chief executive Jensen Huang has sought to clear up what he says is a misconception about AI. “You’re not going to lose your job to an AI, but you’re going to lose your job to someone who uses AI," he has said throughout the year.
Public sentiment, however, shows that Mr Huang's efforts, and those of many AI proponents, do not yet seem to be winning hearts and minds.
A similar poll by Pew conducted in October indicated that younger voters are "in virtually every country surveyed are more aware of AI" than older electors, and some say that could affect the electorate over the long term.
Timothy Kneeland, a professor of history, politics and law at Nazareth University in upstate New York, said that increased enthusiasm for socialist policies and candidates such as Mr Mamdani among younger voters means that the shift is more than just a blip.
"Young people fear this trend will continue and will seek some form of security, whether through regulation or democratic socialist policies that will guarantee universal basic income [UBI], single-payer health insurance, free education and public transportation," Prof Kneeland told The National.
The rising concern over AI runs counter to US President Donald Trump's initial popularity with many blue and some white-collar workers.
The 2024 Republican Party platform, much of it influenced by Mr Trump, promised to rescind policies and regulatory protection that "hinders AI innovation". In his AI Action Plan released in July, he also pushed to "dismantle unnecessary" barriers related to AI development with hopes of empowering US technology companies.
Prof Kneeland said that while Mr Trump has made no secret about his affinity for empowering Big Tech, words like "dismantle" have caused concern among many workers, and those seeking elected office in the months and years ahead might have to better read the mood of voters.
"Elected officials will have to play catch-up," he said. "Those fearing AI's impact on jobs and employment will begin to call for more restrictions and new policies to support those individuals who lose their jobs."
Peter Yacobucci, a political science professor at Buffalo State University, said that AI is yet another challenge presented to US workers in recent decades.
"It injects uncertainty and fear into the electorate," he said, adding that Mr Mamdani's Democratic socialist policies were a stark contrast to the once popular US rhetoric of "brutal free-market capitalism".
In some ways, Prof Yacobucci said, Mr Mamdani took a page from Mr Trump's playbook in identifying voter fears. "Yesterday [he] showed it can propel the party to electoral success," he said, adding that other Democrats might be wise to tap into AI concerns.
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Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
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Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
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Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
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Stars: Shadi Alfons, Marwan Abdullah, Doaa Mostafa Ragab
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NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
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Killing of Qassem Suleimani
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Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors