Could AI Crash the Economy in 2 Years? One Research Firm Says Yes.

Group 1 - Concerns about the impact of artificial intelligence (AI) on individual stocks and sectors are increasing, exemplified by IBM's shares dropping 13% after Anthropic PBC announced its Claude Code tool [1] - The potential for AI to displace a significant number of white-collar workers raises fears of negative effects on the broader U.S. economy within a few years [2] - Citrini Research's report titled "The 2028 Global Intelligence Crisis" outlines a scenario where AI-induced job displacement could push the unemployment rate above 10% and lead to a decline in aggregate demand [3][4] Group 2 - The Citrini report suggests a "doom loop" for employment, where improved and cheaper AI leads to layoffs, reduced consumer spending, and further investment in AI by companies to maintain margins [5] - Between early 2026 and 2028, the scenario predicts a cycle of increasing AI capabilities, more white-collar layoffs, and a negative feedback loop with no natural brake [6]