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McGrinsey Research · 24 September 2026

World Situation September 2026: The Typists Stand Up

The network gets denser. Screen work gets cheaper. And the war is already on, only not as a single front.

On 24 September 2026 the United States controls 8,003 multinational corporate groups in the EU and EFTA, China including Hong Kong 2,135. Typing and desk jobs are falling in employers' forecasts. At the same time the network of chips, satellites and cables gets denser. Between the two great powers the conflict is already under way in pieces: in the Gulf, in the Red Sea, in Ukraine, in orbit and in the sanctions.

01 · The boxes

Five decades in front of a screen were a historical exception.

The time in which large parts of the working population sat in front of boxes and typed characters is ending. Digital input work has been given a price tag, and the price tag is small.

Grok 4.7, shipped by SpaceXAI on 21 September, costs 2 dollars per million input tokens and 6 dollars per million output tokens. The same system that takes on long programming jobs undercuts more expensive models by a wide margin and leaves the price where it is. The person at the screen is competing with a sentence billed by the token.

In its 2025 report the World Economic Forum expects, through 2030, the loss of 92 million jobs and the creation of 170 million, a net 78 million more. In absolute numbers the roles that shrink are above all post-office counters, data entry, the checkout, the secretarial desk and bookkeeping. In headcount the strongest growth is in farm work, delivery, construction, sales and food preparation. In percentage terms the technology roles still explode. The mass of the new bodies stands somewhere else.

40 percent of the employers surveyed plan to cut staff where AI can take the task. PwC sees, in 2026, a shift in half of all jobs away from expert work and toward the simpler work that remains. 49 percent of chief executives expect to hire fewer people at entry level within three years. A Stanford analysis cited by PwC measures 16 percent less entry-level hiring in fields exposed to AI.

02 · The denser network

The keys get quieter. The lines get more.

The situation is strange, and it is already here. Work that consisted only of characters on a screen is moving into data centres. The link between data centres, ports, exchanges, weapons and kitchens is getting tighter. Whoever stands up stands in a world that depends more on networks than the world in which they sat down.

So not everyone goes back to the field. The top of the wage pyramid stays with the people who build, run and guard the compute arrays. The breadth of the new jobs, counted in heads, is physical: soil, road, scaffold, counter, pot. Between them lies a band of care work. The Forum report files it under demographic pressure. It disappears from the headlines because it photographs badly.

The direction is desirable only if the wage follows the hand. A body that builds, drives, harvests or cooks is the older and the healthier contract. The box was the contract of a short professional guild: mostly male, air-conditioned, and in the end replaceable by a model that does not get tired at night. The abnormal occupation can stop. The network does not stop.

03 · Twenty hot names

Twenty names from two days. Three piles.

What was hot on Grok, on X and in the wires between 22 and 24 September is the world situation, in the order a feed spits it out. Eight names were on the US trend list of 22 September. The rest are the reports from the same hours.

01 United Nations

Trump at the General Assembly on 22 September. Iran is the centre of the speech.

02 Super Intelligence

US government documents are to say "Superintelligence" from here on, in place of "artificial intelligence".

03 Deal or annihilation

Trump: an agreement with Iran after the midterms, or he annihilates the republic.

04 Pezeshkian

The Iranian president calls for dialogue without the language of force and calls the nuclear programme peaceful.

05 Xi and Mahan Air

On 23 September a Mahan Air plane lands in Guangzhou. Xi is expected in Washington the same day. The US sanction against Iranian airlines has already been announced that morning.

06 Brent at 101

JINSA records Brent at 101 dollars a barrel on 23 September.

07 Weapons in orbit

Air Force Secretary Troy Meink on 14 September: the United States has weapons in orbit, for the defence of the armed forces.

08 Grok 4.7

SpaceXAI, 21 September. Long horizon, programming, 2 and 6 dollars per million tokens.

09 Muse against Grok

Meta's Muse: about 2.5 million downloads in 13 days. Claude 400,000, Grok 200,000, ChatGPT 3.1 million.

10 Sanders and Casar

Bill of 23 September: ban superintelligence, create a federal agency, halt projects already running.

11 Slowdown suit

Class action against Anthropic, OpenAI, xAI and Google. Allegation: an agreed brake. An allegation, no ruling.

12 Taylor, Tesla, 2 nm

Samsung's fab in Taylor, Texas, is running prototypes of Tesla's 2 nm chip AI5. Supply contract worth 16.5 billion dollars.

13 TSMC A14

Pilot production of the 1.4 nm node in Hsinchu. Reports pull it forward toward the first quarter of 2027.

14 Houthis, 169

Up to 169 dead in the Houthis' fight for heights on the Yemeni coast of the Red Sea.

15 New START dead

Since 5 February 2026, no ceiling left on the two largest arsenals. The first such gap since 1972.

16 Mamdani

Was on the US trend list of 22 September.

17 Activision, Halo

Two further names on the same list. The game companies share the day with the UN.

18 Opus 5.5

Also on the list, among the models shipping in the same week.

19 Trump TV

Trend name of 22 September, at the edge of the speech that puts Iran to a choice.

20 Erdogan

Ankara is on the same list. The feed lays it next to the UN.

Three piles. War: 1 through 7, 14 and 15. Wafers and models: 8 through 13. Noise of the same day: 16 through 20. Midterms, Ankara, a game company and a model name are the surface on which the other twelve appear as a trend at all.

04 · Two empires

The third war is running. The fourth would have only two players left.

The United States is the empire. China is the challenger. Russia is the remainder ramp of an earlier size: a failed gangster state, and still a danger to the world because of the missiles. These three sentences are the situation as it sorts itself in September 2026. The sentences are the reading. The numbers under them are in the sources.

The third world war is already running, and it is chaotic. Ukraine. Hormuz. Yemen. Lebanon, with a framework from June that ties Israel's withdrawal to the disarmament of Hezbollah. Orbit. Cables. Sanctions that do not keep an airline on the ground. No single front line, no declaration of war, that covers all of these pieces at once.

The fourth would be the direct collision of the two empires. It exists as a course, not as a date. Trump wants to bring China into a new agreement on nuclear weapons and is at the same time building the Golden Dome, a dome of interceptors, in space as well. Foreign Affairs writes in September that Moscow and Beijing would rebuild their offensive forces against this dome, because a defence that hits in the first minutes of flight changes the second-strike arithmetic. A treaty and a dome bite each other. Whoever wants both gets the arms race.

05 · Gulf and Qatar

Iran, the United States, Israel. Qatar is the room in which the pause was written.

The war of the United States and Israel against Iran has been running since the spring. Ayatollah Khamenei was killed in the first strikes. On 17 June Trump and President Masoud Pezeshkian signed a memorandum: a ceasefire, the Strait of Hormuz open again, 60 days of technical talks on the nuclear programme. The 60 days are over. The strikes since then have been a back and forth. JINSA counts at least 555 Iranian missiles and drones since 7 July, one of them in the days before 23 September.

On 22 September Trump puts the Assembly to the choice: a deal after the midterms, or annihilation. On 23 September he says talks on the sidelines of the UN went very well. Pezeshkian says Tehran is talking, and is not bending the knee. The talks run through mediators. Since June, Qatar is the room in which the envoys sit, even when the negotiating on this day happens in New York.

Chaos in the Middle East is useful to both empires. Oil stands at 101 dollars. Europe and Asia pay the premium. Washington shows that it can still break a state. An Iranian airline lands in Guangzhou anyway, while the Chinese president is expected in the American capital. China does not have to conquer the Gulf. China has to keep it open enough to buy, and closed enough that the rival stays tied down there. The Houthis, meanwhile, are fighting for coastal heights on the Red Sea, with up to 169 dead in a report this week. Local actors with their own aims. The use to the empires arises on the side, and it arises reliably.

06 · Who owns Europe

Four American corporate groups for one Chinese. The capital stock is more lopsided still.

Eurostat's EuroGroups Register for 2024 lists exactly 149,678 multinational corporate groups in the EU and EFTA. Ultimate control from outside, the three largest countries of origin: the United Kingdom 14,118 groups, the United States 8,003, China including Hong Kong 2,135. Russia: 376, a decline of 41 percent since 2021.

The same four numbers. The yellow bar is the United States.

The stock of capital is the second number, and it is more American than the count of groups. At the end of 2024 US investors held 2.2 trillion euros in direct investment in the EU, 31 percent of all stocks from outside. The BEA puts the American position at the end of 2025 at 1.1 trillion dollars in the United Kingdom, 1.0 trillion in the Netherlands, 645 billion in Luxembourg, 512 billion in Ireland. The increase in the US position in Europe in 2025 alone: 350 billion dollars.

Chinese firms newly invested 17 billion euros in the EU and the United Kingdom in 2025, 67 percent more than in 2024, the highest flow since 2018. Of that, 8.9 billion greenfield, 7.9 billion acquisitions. Hungary 3.9 billion, Germany 2.5, France 1.9. Cars, including batteries, take 7.6 billion, 45 percent of the flow. Europe took in nearly a quarter of all Chinese direct investment worldwide, and about 60 percent of what China puts into rich countries. One year's flow sits beside a stock of 2.2 trillion.

Employment on the American side: 4.4 million people at US affiliates in Europe, as of 2023, the last full BEA figure. The chamber of commerce estimates 4.6 million for 2024. The group count sets the owners side by side: 8,003 against 2,135.

Influence is therefore two things. As an owner, China is the third outsider, far behind London and Washington, with a heavy foot in Hungary's batteries and a growing one in Germany and France. As a counterpart that feels European rules, China is also the loser of individual blows: the Dutch government took Nexperia out of Wingtech's control, out of concern for intellectual property and assets being moved. The Middle East and Ukraine are battlefields with dead. Europe west of Ukraine is a stock, a factory settlement and a screening procedure.

07 · Shadow and orbit

A weapon is in orbit. No treaty counts it.

The hybrid shadow war is visible this week in one sentence. The US Treasury secretary says the Iranian airlines have been shut down worldwide. On 23 September Mahan Air lands in Guangzhou. Jamming over Iran has increased, according to the Secure World Foundation report, including interference with Starlink. The report, with an information cutoff of 28 February 2026, states: destructive anti-satellite weapons are not being used in the wars now under way. What is being used is what blinds, jams, deceives. Thirteen countries are developing such capabilities, in five kinds: co-orbital, direct-ascent, electronic, directed-energy, and through networks.

On 14 September 2026 Troy Meink says in public for the first time that the United States has weapons in orbit for space control, capable of defending the armed forces against hostile action. The next day General Douglas Schiess, the new chief of the Space Force, says Guardians operate weapons in orbit that protect the joint force against attacks from space. He keeps the design to himself. A Chinese spokesman answers that space must be free of weapons.

The Outer Space Treaty of 1967 bans nuclear weapons and other weapons of mass destruction in orbit, and bans military bases on the Moon and other celestial bodies. It permits conventional weapons in Earth orbit. The Partial Test Ban of 1963 bans nuclear explosions in space. Foreign Affairs proposes inspection before launch as the next step, in an extreme case in orbit. In July the MIT physicist Areg Danagoulian describes in Nature a shoebox-sized format that could read neutrons from a nuclear weapon at about four kilometres, on his simulations after a week of shadowing, and in hours at a shorter distance. A proposal, not a deployed system.

What is publicly assigned, without piece counts:

  • United States: the orbital weapons just admitted, plus the Golden Dome programme for intercept in space, still an intention, already a reaction.
  • Russia: a direct-ascent test in 2021 that broke a dead satellite into more than a thousand pieces of debris. Since 2024 the American suspicion that Moscow is developing a nuclear weapon for orbit. Cosmos 2553, launched in February 2022, is treated in this reading as a test bed. The Secure World Foundation documents the end of the GEO roaming of the Luch satellite and further approaches.
  • China: a probable refuelling experiment in the second half of 2025, reports of a new direct-ascent interceptor, plus co-orbital capabilities.
  • France and Germany have expressed interest in lasers that do not shatter. The United Kingdom and France have flown joint approach operations with the United States.
08 · The early launch

Whoever wants to stop the other side's launch in advance makes it earlier.

New START expired on 5 February 2026. The last ceiling was 1,550 deployed strategic warheads counted as ready on each side, 700 deployed delivery systems, 800 delivery systems in all. In September 2025 Putin had offered to hold the numbers informally for one more year if Washington went along. Washington has announced a better agreement, with China at the table and with all warheads, not only the strategic ones. China has refused to be bound at that level. Brookings puts the American stock at 3,700 warheads, the Russian at 4,300, each excluding the pieces already retired that still have to be dismantled. SIPRI, reported in February, puts China at a minimum of 600. The American line at the Conference on Disarmament: China is on the way to more than 1,000 by 2030.

The new defence is called Golden Dome. Its public core is interceptors in space that are meant to hit a missile in the first minutes, before the warheads and the decoys separate. That is the attempt to thin the other side's strike while it is still one object and not yet a swarm. Foreign Affairs writes that the decision to pursue this already forces Russian and Chinese planners to build more offensive weapons. A defence of this size is more expensive and slower than one additional warhead. The advice of the arms controllers has been the same sentence since February: the dome produces the arsenal it wanted to defeat.

Beside that, a second idea has stood in the American debate for years: left of launch, disturbing the launch before the missile leaves the silo. What is public is the name and the strategic consequence. What is on display is the dome as a programme. The consequence in the literature runs the other way. Whoever fears their missiles could be blind or dead before launch moves the finger closer to the early launch. A prevention that the other side reads as a first strike is itself a reason to go first. Since New START, the shared count is missing, the one on which a deviation would become visible.

09 · The remainder ramp

Russia stays one. Japan keeps four islands as a claim, China the east as a contract.

The remainder ramp of an earlier size is a failed gangster state, and it is a danger because 4,300 warheads sit on it and because the war against Ukraine continues. The danger sits in the arsenal and in the field, not in the list of firms. 376 Russian-controlled corporate groups in the EU and EFTA, minus 41 percent since 2021: as an owner of Europe, this ramp is no longer an empire.

A carving up in which pieces go to Japan, China and Ukraine is treated by the texts cited here as the margin. Asia Times, 4 September 2026: a change in Moscow is a small chance, and the war is not yet going badly enough for Putin to turn that into a probability. Japan should still keep plans ready for the four islands: Iturup, Kunashir, Shikotan, Habomai. That is an old claim. GIS, already in 2023 and not overtaken by events since: a collapse after a defeat is the unlikely extreme, because Beijing has no use for a broken-up Russia on the Pacific. The more likely course is a formally whole, weaker Russia, propped up by China, unstable over years.

Ukraine is fighting for land that Russia holds. Siberia stands on the other side of the ledger in this war. China buys into the east, through contracts, energy, ports, people. An annexation of the remainder ramp would reward the challenger with an open flank and with the very missiles that make everyone else flinch. On 18 September 2026 the Jerusalem Strategic Tribune gathers the darker voices: secession along ethnic lines, a vassal under China, a giant North Korea. Kotkin reduces the courses to a span from dependence on China to a France after Algeria, only without de Gaulle. Andreas Umland says in June that the risk of a breakup rises with every further day of war, and that Europe should think the case, because of the weapons. The shared statement of these voices: breakup is thinkable. The survival of a weaker state is the course the planners reckon with. The missiles are the reason nobody can want the breakup lightly.

Further separations from the stock of the old Soviet Union have, for the most part, already happened: the Baltics, Ukraine, the Caucasus, Central Asia. What analysts name as a next crack inside the federation are the Far East, Kaliningrad, the North Caucasus, Tuva, and, under a hard Russian centre, the demands of Chechens, Ingush and Turkic peoples on the Volga. These are names for breaks that arrive when the centre falls.

10 · Wafers and nanometres

The compute arrays sit on 2 nanometres. Europe is building the older road beside them.

An AI chip array is the compute field the models run on: many accelerators, packed tight, on high-bandwidth memory and on a package that TSMC calls CoWoS. A fab map from September 2026 lists the 2-nanometre edge as fully booked and CoWoS as sold out. The typists stand up. The fields that swallow their work are scarce and sit at a few addresses.

Taiwan. TSMC is manufacturing the 2 nm node N2 in volume, the house's first gate-all-around generation, in Hsinchu and Kaohsiung. A report of 8 August names 50,000 to 60,000 wafer starts a month in the first half, heading for 80,000 in the early fourth quarter and 100,000 by year end. Five fabs are assigned to the node: two in Hsinchu, three in Kaohsiung. The next node, A14, 1.4 nm, the second generation of nanosheet transistors, is to be pulled forward in pilot production at Baoshan. Reports say the first quarter of 2027. Fab 25 in Taichung, the main plant for it, is set for completion in the second quarter of 2027. On 22 September TechInsights takes apart Apple's A20 Pro as an N2 processor. The edge has arrived in the phone, not only in the announcement.

United States. TSMC Arizona: the first fab is delivering N4 in volume, the second, 3 nm, is in tool installation, volume pulled forward to 2027. An industry survey of 15 September, after a further 100 billion dollars in July, names a total commitment of 265 billion for the Phoenix site: ten logic fabs, two packaging plants, a research centre, the new halls for 2 nm and below. Intel 18A, a 2 nm class, is in volume in Chandler in 2026. Ohio has slipped to 2030. Samsung in Taylor, Texas: SF2, 2 nm, prototypes of Tesla's AI5 are running. The contract with Tesla covers 16.5 billion dollars through 2033, customer production in 2027. The second Taylor fab is announced, construction in 2026, volume around 2030, with a 1.4 nm target.

Japan. Rapidus in Chitose, Hokkaido: one hall, pilot line since April 2025, Japan's first near-production EUV scanner, a working 2 nm GAA prototype. More than 60 firms are in talks. A volume customer had not signed by July. The target for volume stays 2027. The state is the largest shareholder. Kumamoto, the TSMC joint venture, sits on the fab map at 6 and 7 nm, one step below the edge.

Europe. ESMC in Dresden sits on the same map at 22 and 28 nm. That is a factory, and it is not the compute field on which Grok 4.7 is trained. The continent whose firms are under American control in 8,003 groups buys the edge and builds the older road itself. China is absent from this 2 nm list. The plants that have volume, a pilot, or a committed build here are called Hsinchu, Kaohsiung, Taichung, Phoenix, Chandler, Taylor, Chitose. Dresden lies two architecture generations to the side.

11 · The hands

Stand up if the wage comes with the hand.

The end of the boxes is desirable. A person who has fed characters into a machine for five decades has practised an occupation that no body recognises as its own for long. The employers' forecast gives that person the field, the road, the scaffold and the kitchen back in greater number than it promises new desks. That is in the Forum report.

The bad news sits one floor up and one floor down. Up: the compute arrays that swallow the old work belong to a race between two empires, on 2 nanometres, in a handful of halls, watched by weapons that have been admitted in orbit as well since 14 September. Down: the wage for land, construction and the kitchen is the wage the same economies have been pressing down for decades. Whoever closes the boxes and leaves the wages where they are has brought the bodies back and made them cheaper.

The third war runs on, chaotic, whether the typists stand up or not. The fourth stays the course of the two empires for as long as the dome and the arsenal justify each other. Between them lies the work that has a body again. The abnormal occupation of digital screen input can stop. The network stays. The hands need a price that fits the ground, or the box was at least well paid.