Global Hot Topic: AI will lead to an unprecedented financial crisis in 2028, and the US stock market will plummet!
Logic:
1. For the first time, human wisdom has become no longer scarce
2. White-collar workers are few, but their income is high, accounting for 80% of consumption—yet they are being replaced
3. AI allows companies to continuously cut white-collar jobs and eliminate various software services
4. White-collar workers will either starve or invade the physically demanding industries where they used to earn a hard living—yet even the physical industries, including Uber drivers, are also being replaced
5. White-collar workers are out of money, society has no money, and various companies are starting to go bankrupt
6. These white-collar workers have $15 trillion in mortgage loans; they used to have the best credit and would never default, but now the world has changed, and they are just one major crash/large layoff away from widespread defaults.
7. Society has developed significantly, but the number of poor people is unprecedentedly increasing
8. The wealth gap is widening infinitely; the AI industry can secure a lot of funding just by telling a story, while the old ways are becoming ineffective.
Original text in English:
https://www.citriniresearch.com/p/2028gic
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