for those that don’t know, an article by a popular substack @Citrini7 went viral over the weekend
i thought the article was very well thought out and presented a simple perspective:what happens if AI becomes so good that agents take over the application layer and unemployment rises to historic levels?it seems like algorithms across the market scanned through that article & maybe some large funds took the article’s perspective very seriously as multiple banks/business media outlets are now citing the article, seems like it did have a tangible impactthe broader question isn’t necessarily the article’s claims going viral but how an article with these types of claims was ABLE to go viralthe market is so on tilt…and the bear case around AI being so good is more compelling than the optimistic “age of abundance” bull caseone AI stock not affected today? $NVIDIA(NVDA.US), as the article cites that it may end up becoming the ultimate winner when all is said and done but if the economy crashes to historic unemployment…owning stocks might not really hedge against thatSource: amit
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