It may be the first time that a work of fiction has tanked the stock market.
Last week, a viral blog post from Citrini Research titled The 2028 Global Intelligence Crisis outlined a scenario in which, two years from now, artificial intelligence has progressed to the point that it eliminates jobs on a mass scale in nearly every industry. In Citrini’s doomsday alternative reality, this leads to a cratering of consumer spending, more AI adoption to cut costs, deeper unemployment, a stock market crash, mortgage defaults, and so on.
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