Carson Block Warns AI Risks to Economy

Muddy Waters Capital founder Carson Block is sounding the alarm on artificial intelligence, warning that investors are underestimating the significant risks AI poses to both the labor market and the broader US economy. Block shared his concerns during an appearance on "Bloomberg The Close," where he elaborated on the potential disruptions. He also provided insights into current credit spread conditions and identified specific areas where he sees promising investment opportunities amidst the evolving financial landscape.