I got chills when reading this article. I've never been more bullish on AI. And I've never been more terrified of what that means. It's written from the POV of June 2028. But it's long, so I summarised it for you: • AI gets good. Companies lay off workers. Margins expand. Stocks rip. S&P hits 8,000. Everyone celebrates. • But fired workers stop spending. Companies weaken. They buy more AI to cut costs. More layoffs. Less spending. A negative feedback loop with no natural brake. • The top 10% of earners drive 50%+ of all consumer spending. They're the ones getting replaced. A $180K product manager ends up driving Uber for $45K. Multiply that across every major city. • Ghost GDP emerges - the economy is "growing" on paper, but the money never reaches real people. Productivity is booming. Wages are collapsing. • Then it hits housing. $13 trillion in mortgages, all underwritten on one assumption: you keep your job for 30 years. In 2008, the loans were bad on day one. In 2028, the loans were good. The world just changed after they were written. • S&P crashes 38% from highs. Unemployment hits 10.2%. Markets barely react anymore. • The punchline: you're not reading this in 2028. You're reading it in February 2026. Every domino they describe has already started falling. The canary is still alive. Barely.(Miles Deutscher)