#1 out of 31.1K est. views99.78%
business3h ago
A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors
Businessinsider.com and 1 more
- Markets tumbled as investors reacted to a Citrini Research scenario about AI-induced recession and a stock crash by 2028.
- The scenario predicts widespread white-collar layoffs and reduced consumer spending as AI expands.
- Analysts say the market might diverge from the broader economy, which still relies on wage growth and spending.
- Sherwood News amplifies the left-tail risks, highlighting software stocks crushed by AI dystopia narratives.
- The analysis cites major tech names facing pressure on Monday as AI disruption concerns spread.
- The piece notes a broader impact on payments and housing as AI adoption disrupts business models.
- The reporting frames the AI discussion as a warning, urging investors to reassess portfolio assumptions.
- Analysts emphasize the market versus economy gap, where wage growth and consumer spending matter.
- The reports tie AI-driven disruption to potential housing market effects by 2027, per Citrini’s scenario.
Vote 1
