‘Complete disruption of the economy is all but certain’: Top jobs and home prices are at risk, a new report on AI says

A new report from credit-ratings agency Egan-Jones warns that artificial intelligence could bring what it calls a "complete disruption of the economy," with significant implications for both employment and housing. The analysis singles out screen-based workers — those whose jobs are largely performed on computers — as especially exposed to displacement as AI tools take on more cognitive tasks.

The report also flags risks to the housing market. If job losses mount among higher-income, screen-based workers, that could weigh on home prices in markets where such workers cluster and on mortgage demand more broadly. Housing is closely tied to consumer confidence and household borrowing, so labor-market stress in this segment could ripple through the wider economy.

For markets, the key question is timing and scale. AI-driven displacement has been widely discussed, but the report's framing suggests the effects may be broader than a single sector. What to watch: labor-market data for white-collar roles, housing affordability and price trends in tech-heavy regions, and how policymakers respond to structural job change.