Last year, investors worried that AI would crash the economy by making too little money. Now, they fear it will do so by making too much.

This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: So far, so good for New York Mayor Zohran Mamdani’s delicate relationship with President Donald Trump. What’s happening?