‘Complete disruption of the economy is all but certain’: Top jobs and home prices are at risk, a new report on AI says
Job losses among screen-based workers and troubles for the housing market are among the challenges to the economy posed by AI, according to credit-ratings agency Egan-Jones.
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# AI-Driven Disruption Threatens White-Collar Jobs and Housing Market Egan-Jones credit-ratings agency warns that artificial intelligence will cause significant job losses among screen-based workers and destabilize the housing market, representing systemic economic risks that could impact corporate earnings and real estate valuations. The report signals potential downgrades for companies heavily dependent on office-based labor while creating headwinds for residential construction and mortgage-backed securities markets.
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