Job Wipeout, Stock Market Crash, End of Human Transactional Middlemen - What the Folks at Citrini and Psychics Might Know and the Experts Play Down
The first card in the mystical tarot is the one for risk. And the buzzy Substack post by Citrini Research positions and packages AI as a big risk to the stock market, employment throughout the US and the role of humans in sectors like real estate which historically demanded that kind of go-between. Also at risk is the age-old value put on high intelligence. By 2028, no employer might care about your IQ. So, stop guiding your children to study hard and get top grades. Instead, maybe tell them to get good with their hands or prepare their heart to work in personal services. Here's a snippet from Citrini: "It should have been clear all along that a single GPU cluster in North Dakota generating the output previously attributed to 10,000 white-collar workers in midtown Manhattan is more economic pandemic than economic panacea. The velocity of money flatlined. The human-centric consumer economy, 70% of GDP at the time, withered. We probably could have figured this out sooner...