An AI doomsday report shook US markets
6 hours ago
- #Economy
- #AI
- #Stock Market
- US stock markets affected by speculative AI doomsday scenario from Citrini Research.
- Scenario predicts AI agents disrupting US economy, leading to 10% unemployment by 2028.
- S&P 500 drops over 1%, with software stocks hitting lowest since April.
- Uber, Mastercard, American Express, and DoorDash shares fall 4-6% due to report.
- Analyst calls scenario 'doomsday porn' but acknowledges economic transformation.