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In a world increasingly enamored with the promise of Artificial Intelligence, a new and startling report from Citrini Research offers a sobering counter-narrative. Titled “The 2028 Global Intelligence Crisis,” this provocative macro-analysis suggests that the very triumphs of AI could unleash a torrent of economic instability, potentially leading to a massive market correction.
Co-authored by Alap Shah, the report paints a grim picture for June 2028, warning of an impending “intelligence displacement spiral.” Imagine a negative feedback loop where the boundless capabilities of machine intelligence effectively render human labor obsolete. This isn’t just a theoretical musing; Citrini Research projects tangible, painful outcomes.
Specifically, the report’s scenario for June 30, 2028, depicts a global economy grappling with a 10.2% unemployment rate. This figure, a 0.3% upside surprise, is predicted to trigger a catastrophic chain reaction: a 38% drawdown in the S&P 500 from its October 2026 highs. Think about that for a moment – a nearly 40% drop in less than two years, driven not by traditional financial woes, but by the very success of technological advancement.
The central, unsettling thesis of this report challenges our conventional understanding of progress. Historically, human intelligence has been the engine of economic growth and innovation. But what happens when that engine is not only supplemented but largely supplanted by machines?
Citrini Research compels us to consider the profound societal and economic implications if the exponential growth of AI leads to widespread job displacement, reduced consumer spending, and ultimately, a crisis of demand. This isn’t just about robots taking jobs; it’s about the fundamental structure of our economy failing to adapt to a world where intelligence is no longer a scarce, human-centric resource.
While future-gazing always carries an element of speculation, Citrini’s report serves as a critical warning. It urges us to think proactively about the potential downsides of unchecked AI development and to strategize for an economic future where the very definition of ‘work’ and ‘value’ may need a radical re-evaluation. The 2028 Global Intelligence Crisis may sound like science fiction, but the research suggests it’s a future we need to prepare for, today.
Source: Original Article
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