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Why Wall Street panicked over a sci-fi blog post
Science & Fiction

Why Wall Street panicked over a sci-fi blog post

No one can be certain where AI is taking us. |  Michael Nagle/Bloomberg via Getty Images Last year, investors worried that AI would crash the economy by making too little money.Now, they fear it will do so by making too much.On Sunday, a little-known financial analysis firm called Citrini Research published a piece of science fiction: A memo dated June 2028, in which its researchers sketch a pocket history of “the global intelligence crisis” — an AI-triggered meltdown of the world’s financial, economic, and political systems.In this account, the problem isn’t that AI proves...

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