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

A portrait of Carson Block
Illustration: Dan Williams

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”

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