It’s inevitable that the A.I bubble will burst

[Rekkapryde]

A.I. = All Indians

 

[Rekkapryde]

@Illuminatos you wild for that all indians shyt

 

[null]

A lot of nikkas gonna be left behind becuase they are too stubborn to accept change.

like blockchain was about to "change" the world around 10 years ago.

NFTs.

how is that going?

 

[#BOTHSIDES]

What smart people in economics and business are saying about a viral report warning of an AI-driven recession and stock crash​

What smart people in economics and business are saying about a viral report warning of an AI-driven recession and stock crash

A worst-case AI scenario rattled markets, drawing sharp pushback from economists and business leaders.

www.businessinsider.com

The Consequences of Abundant Intelligence​

THE 2028 GLOBAL INTELLIGENCE CRISIS

A Thought Exercise in Financial History, from the Future

www.citriniresearch.com

Cliffs?

 

[cyndaquil]

Cliffs?

Here you go courtesy of AI:

Here’s a summary of the Business Insider article about reactions to the Citrini Research AI recession and stock-crash report:

What Happened

A viral research note from Citrini Research outlined a hypothetical future (looking back from 2028) in which rapid AI adoption leads to mass white-collar layoffs, collapsing consumer spending, and a sharp stock market decline.

The report triggered market volatility, especially in software stocks, as investors reacted to the scenario.


Economists’ & Business Leaders’ Reactions

Skeptical / critical voices

Claudia Sahm (economist) argued the scenario frames AI’s impact too pessimistically and overlooks likely policy responses to labor shocks.

Paul Krugman compared the report to fiction that moves markets, saying he’s confident its severe macro claims are wrong and that markets might just be jittery.

Joseph Steinberg (professor) dismissed the report’s logic as ignoring basic economic linkages.

Michael Bloch (VC) rolled out a counter-argument titled “The 2028 Global Intelligence Boom”, saying AI could expand the economy rather than collapse it.


Neutral or mixed perspectives

Brendan Duke (policy expert) said people may be misreading the piece as a literal forecast but noted a real risk could be the impact on credit markets if prime borrowers lose jobs.

Jeff Dorman (investor) framed the reaction as driven mainly by fear and psychology, not fundamentals.

Deepak Shenoy compared the viral doomsday framing to past overblown warnings (like resource scarcity).


Amplifying voices

Michael Burry, known for predicting the 2008 crash, shared the report widely on social media, boosting its reach.


The Takeaway

Experts broadly see the Citrini scenario as a thought experiment highlighting potential risks rather than a credible forecast. While its severity made markets nervous, many economists and analysts say the report overstates risks, underplays policy responses, and misreads economic mechanics — even as it taps into genuine debates over AI’s long-term impact.

Let me know if you want a breakdown of the core scenario the report describes!

 

[Phantum]

Of course, some companies are going to crash and burn jumping on the bubble. fukk em