Market Crashes Due to AI Forecast — and It Sounds Like a Movie Script

Researchers modeled a future where algorithms take over office jobs: accountants, analysts, lawyers, managers. At first, businesses rejoice—costs drop, profits rise. But then millions lose income, loans go unpaid, and the economy begins to stall 💼

Investors reacted instantly: indices fell, shares of individual companies plummeted. Experts warn of a ‘loop’: companies lay off employees for efficiency, invest the savings in AI—and thereby accelerate a new wave of layoffs.