The human-AI economic transition has begun, and no governance structure exists for it

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2026-05-09 TECTONIC

In March, Block's 40% workforce reduction became the largest AI-attributed layoff in corporate history. By April, the EU AI Act's first enforcement phase kicked in, already inadequate to the pace of change. Oracle's restructuring plan runs to $2.1 billion, targeting "job categories the company expects it will need less of due to AI." The substitution is explicit, announced, documented—and the political imagination has no response. Neither party, no ideology, no movement is articulating a coheren ...