LIZ PEEK: AI layoffs could spark a socialist surge if America ignores the warning signs

President Trump has announced that Nvidia, a leading chipmaker, will not supply its advanced Blackwell chips to China. This decision is significant as it highlights the ongoing competition between the U.S. and China in the artificial intelligence sector, where access to cutting-edge technology is crucial for maintaining a competitive edge. By restricting access to these chips, the U.S. aims to bolster its position in the AI race, ensuring that its innovations remain ahead of those from China.

Nvidia's CEO Jensen Huang is strengthening his relationship with President Trump as the company navigates complex geopolitical challenges while solidifying its leadership in the AI sector. This partnership is crucial for Nvidia, as it seeks to maintain its competitive edge and influence in a rapidly evolving technology landscape.

Socialist organizers are rallying around a recent video ad from an anti-Mamdani group that warns Democrats about the influence of socialism within their party. This response highlights the growing visibility and acceptance of socialist ideas among some Democrats, suggesting a shift in the political landscape. The ad, described as a 'recruitment ad unlocked,' serves as a call to action for those who align with socialist values, emphasizing the importance of their role in shaping the future of the party.

Recent NBC News polling reveals a significant decline in positive views of capitalism among registered voters, dropping below 50% for the first time in seven years. This shift is noteworthy as it coincides with the rise of figures like Zohran Mamdani, a democratic socialist candidate in New York, who is gaining traction within the Democratic Party. This trend raises questions about the future of capitalism in American politics and reflects a growing discontent among voters, making it a critical moment for both capitalism and socialism in the national discourse.

Carmen Maria Montiel, a former Miss Venezuela and now a Republican congressional candidate, has voiced strong criticism of socialism, attributing her country's drastic decline from a prosperous oil-rich nation to widespread poverty. Her remarks highlight the ongoing struggles faced by Venezuelans and the political debates surrounding the country's governance. This perspective is significant as it reflects the sentiments of many who believe that current policies have led to economic hardship, sparking discussions on the future of Venezuela.

Bank of America CEO Brian Moynihan is set to hold the bank's first investor day in 14 years, responding to pressure from the board and shareholders for a clear strategy to enhance the bank's stock price and compete with JPMorgan Chase. This event is significant as it reflects the growing demands from investors for transparency and direction in a competitive banking landscape, particularly against rivals like Jamie Dimon.

The 2025 US elections are heating up, with all eyes on the New York mayoral race where Democratic candidate Zohran Mamdani is leading in the polls against Andrew Cuomo and Curtis Sliwa. Recent data shows Mamdani has a significant 10-point advantage, which could indicate a shift in voter sentiment and priorities. This election is crucial not only for New York City but also sets the tone for future elections across the country, reflecting broader political trends and the importance of local governance.

The uncertainty surrounding the arrival of SNAP benefits is causing significant concern across various states, as communities scramble to find solutions to fill the gap for those relying on this crucial support. This situation matters because it highlights the challenges faced by vulnerable populations who depend on these benefits for their daily needs, and the ongoing discussions around how to address these lapses are vital for ensuring food security.

Liz Peek warns that the rapid advancement of artificial intelligence could lead to significant job losses, potentially igniting a rise in socialist sentiments if policymakers fail to address these challenges. This situation is critical as it highlights the need for proactive measures to ensure that innovation does not come at the cost of economic stability and social cohesion.

Rutgers professor Whitney Strub has ignited a firestorm of controversy after likening members of Turning Point USA to his misbehaving rescue cat in a social media post. This comparison, which included remarks about the cat's disruptive behavior, has drawn sharp criticism from students who feel it undermines respectful discourse on campus. The incident highlights ongoing tensions between differing political ideologies in educational settings and raises questions about the role of faculty in fostering constructive dialogue.

The ongoing standoff between President Donald Trump and congressional Democratic leaders has now tied the record for the longest government shutdown in U.S. history at 35 days. This situation is significant as it highlights the deep political divisions in the country and the impact of the shutdown on federal employees and services, raising concerns about the economy and public welfare.