WSJ What’s News What the Immigration Slowdown Means for the U.S. Labor Market
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Aug 25, 2025 This year could see a historic decline in U.S. immigration, raising concerns about job market impacts and potential worker shortages. In Silicon Valley, major names are forming super PACs to push against AI regulations as midterms approach, signaling a shift in tech's political engagement. Meanwhile, Dillard's has made waves by purchasing an aging mall, illustrating financial strategies amid the retail landscape's transformation. Discussion includes the complexities of current immigration trends and their economic implications.
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Tech Moves Into Political Advocacy
- Silicon Valley is organizing a well-funded network to influence AI policy ahead of midterms.
- The group backs lighter-touch regulation and aims to counter stricter 'AI doomer' proposals.
Big Names Back Pro-AI PACs
- Major venture firms and AI executives are publicly involved in the new super PAC network.
- Their participation signals Silicon Valley's willingness to shape AI rules and engage politically.
Philosophy: Light-Touch AI Rules
- The group's stated philosophy favors light-touch regulation, not total deregulation.
- They specifically oppose stringent guardrails demanded by what they call 'AI doomers.'