The week the AI scare turned real and America realized maybe it isn’t ready for what’s coming

Many Wall Street banks, top economists and even AI CEOs consider this all to still be overblown hype, cautioning that macroeconomics 101 implies the Citrini narrative is false. Others stake out a middle ground, predicting an AI transition that will be difficult but ultimately positive. But the Block layoffs suggest that, at least in the tech sector, the AI scare is moving from market narrative to sudden reality. And America isn’t prepared.“This is one of the first major examples of AI driving layoffs, but c ...