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'Complete destruction of the economy is all but certain': New report on AI

A new report from Egan-Jones Ratings suggests that advances in artificial intelligence have surpassed a threshold of quality, leading to fears of economic destruction. The report highlights risks to jobs and home prices.

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Advances in the technology have crossed a threshold of quality, according to Egan-Jones Ratings. The latest gloomy view of artificial intelligence's impact on the economy comes from a credit-ratings agency.