Shares in Uber, Mastercard and American Express fall on encourage of apocalypse downside posted on Substack
US stock markets had been hit by a extra wave of AI jitters, this time from yet one other viral – and fully speculative – warning about the influence of the know-how on the world’s greatest economy.
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The most modern foreboding is from Citrini Examine, just a bit-known US firm that offers insights on “transformative ‘megatrends’”. Its put up on Substack, which it known as a “downside, not a prediction”, rattled investors by portraying a come future wherein independent AI systems – or brokers – upend your entire US economy, from jobs to markets and mortgages.
