AI Doom Scenario Sends Payments and Software Stocks Lower

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Source: Investing.com
TL;DR Summary

A Citrini Research thought-experiment describes a hypothetical 2025–2028 scenario in which rapid AI advances trigger widespread white-collar displacement and economic disruption, prompting a sell-off in payments and software stocks (e.g., DoorDash, Uber, Salesforce, MongoDB, AppLovin, ServiceNow) and a slippage in related ETFs like IGV; the piece emphasizes it’s a scenario, not a forecast, but it underscores investor anxiety about AI’s second‑order effects on the economy.

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