AI Boom, Mass Layoffs & More: Why Citrini Research’s Report Has Spooked Markets
Citrini Research projects AI-driven white-collar layoffs may reach 10% U.S. unemployment by 2028, causing a 38% S&P 500 drop and broad economic disruption.
7 Articles
7 Articles
Did one Substack post on AI-driven recession scenario sink the Dow by 800 points?
by WorldTribune Staff / 247 Real News February 24, 2026 The Dow Jones Industrial Average fell by over 800 points on Monday, with software and other so-called “white-collar leverage” firms taking double-digit hits. The Portfolio Armor blog attributed the drop in large part to one Substack post: “Citrini Research and Alep Shah published ‘The 2028 […]
AI boom, mass layoffs & more: Why Citrini Research’s report has spooked markets
A report by Citrini Research, a small US research firm, warning about the disruption caused by artificial intelligence, has spooked investors. The Substack post explores the long-term impact of the AI boom, presenting a hypothetical scenario in which the technology continues to make advancements but ultimately spells trouble for the broader economy
‘AI is a tsunami for jobs’: Experts warn of mass white collar cuts as calls grow for AI windfall tax - BusinessToday
A growing chorus of global experts is warning that AI could trigger large-scale white-collar job losses, reshaping labour markets faster than previous technological shifts. After a market selloff sparked by the Citrini Research report, calls are emerging for governments to consider taxing AI-driven windfall gains. From Wall Street to the IMF and India’s tech leadership, the debate is shifting from productivity gains to employment shock and fisca…
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