Shares in Uber, Mastercard and American Express drop on back of armageddon circumstance posted on Substack
US securities market have been hit by a further wave of AI anxieties, this time around from yet an additional viral– and completely speculative– cautioning regarding the impact of the modern technology on the globe’s largest economy.The most recent foreboding is from Citrini Research, an obscure US firm that supplies understandings on “transformative’ megatrends’ “. Its post on Substack, which it called a” situation, not a prediction”, rattled financiers by portraying a near future in which autonomous AI systems– or agents– upend the whole US economic situation, from work to home loans and markets. Continue reading … Source: The Guardian