SOFTWARE STOCKS CRATER AS INDEPENDENT RESEARCH PIECE DETAILS POTENTIAL AI DYSTOPIAN SCENARIO

Summary from the TLDR newsletter

A recently published paper called 'The 2028 Global Intelligence Crisis' explores a hypothetical world in which there is an aggressive AI build-out and adoption of AI agents. In this world, unemployment is high despite elevated nominal growth and productivity, and the stock market tumbles due to credit stress from companies laid low by AI metastasizing. It illustrates how AI becoming good could leave many industries vulnerable. This post provides a summary of the paper along with a link to the original.