Hunsui founder bets on decline of corporate bond ETFs

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April 2, 2026

Muddy Waters founder bets on a decline in credit bond ETFs

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In an interview with Bloomberg, Muddy Waters founder Carson Block [Image] expressed concern that artificial intelligence (AI) will impact the long-term health of the U.S. job market and financial markets.
He pointed out that for employees who are most proficient in using AI, one person can already replace seven employees—this is based on current models, including earlier generations of AI models, but AI models are evolving at a geometric rate.

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