When the crash comes, stabilising markets will be easy compared with reordering society for AI, writes short-seller Carson Block

WITHIN A FEW years, artificial intelligence will displace a significant portion of the world’s highly paid knowledge workers. Aggregate demand will suffer, but flows into retirement investment accounts will turn net-negative: workers won’t just stop paying in, they will need to withdraw funds.
This article appeared in the By Invitation section of the print edition under the headline “Carson Block”

From the July 4th 2026 edition
Discover stories from this section and more in the list of contents
