Navidi sees an anti-AI message in US midterm results
The economic commentator links public resistance to tech billionaires with a sell-off she says began before the elections.
Why this story? One of WELT Nachrichtensender's most watched videos since yesterday, with 182,291 views.
WELT Nachrichtensender: The German news channel WELT, formerly N24, owned by the media group Axel Springer. 2.5M subscribers and 5.9B views.
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Things we can learn from the video
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- 0:27Navidi says the sell-off began before the elections and points to debt-funded financing between interconnected technology companies.
- 1:02She cites research suggesting most businesses using AI have yet to see profits from it.
- 1:25She argues that warnings about job losses and lost control are increasing public demands for AI regulation.
- 1:53Navidi interprets the midterms as resistance to AI, public subsidies and opaque defense contracting.
- 2:50She avoids predicting a crash, highlighting interest rates, retreating financial institutions and nonbank financing risks instead.
Warnings about lost jobs and diminished human control are turning Americans against the companies promoting artificial intelligence, Sandra Navidi argues in an interview about falling technology stocks and the US midterm elections.
Speaking to Germany's WELT Nachrichtensender, the transatlantic economics commentator interprets the vote as a rejection not only of President Donald Trump but also of the AI industry's growing influence. That is her reading of the result, rather than a conclusion established by voting evidence presented in the interview.
Navidi says tech billionaires' own predictions have helped generate resistance: promises of transformative technology sit alongside warnings about unemployment and loss of control. She cites surveys indicating that a majority of Americans view AI negatively and says people increasingly want regulation.
Asked whether entrepreneurs such as Elon Musk were among the election's losers, she argues that voters are resisting publicly subsidized technology projects. She also raises concerns about transparency around defense contracts awarded to businesses associated with powerful billionaires.
Her financial explanation begins before election night. Navidi says the technology sell-off was already underway, driven by doubts about profitability and debt-funded financing arrangements. She describes large companies such as Nvidia, whose chips power AI computing, financing smaller businesses within the same industry. Her concern is that this interconnected funding can make the apparent strength of the boom harder to assess.
She also cites research suggesting that most companies using AI have yet to see profits from it, while many AI suppliers themselves remain loss-making.
The interview ends with a question about a larger market crash. Navidi declines to make a firm prediction, instead identifying rising interest rates, financial institutions pulling back and the involvement of nonbank lenders and investment funds as risks to watch. Her argument is that the industry's financing deserves scrutiny alongside its technological promises.
A German lawyer, author and consultant who also works as a media contributor and public speaker.
More on Wikipedia ›Held on November 3, 2026, these elections gave Democrats majorities in both houses of Congress. Voters also elected state governors and other state and local officials.
More on Wikipedia ›An American technology company that develops graphics processors and other computing technology, including hardware used in artificial intelligence.
More on Wikipedia ›Published on Trari
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The numbers
The interview drew about 182,000 views since yesterday, placing it first among new uploads from Germany's leading news channels.
💡 Test your knowledge
Which type of chip is Nvidia particularly known for developing?
Nvidia develops graphics processing units, used for graphics and many AI computing tasks.





