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Stock impact report

'Doomsday' report leaves experts rattled about increasing likelihood of US economy shake-up: 'The system wasn't designed for a crisis like this' [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
financial research firm outlined a terrifyingly plausible scenario of imminent, global financial chaos brought about by artificial intelligence, The Guardian reported. What's happening? On Feb. 22, Citrini Research published what it described as a "thought exercise," but what followed was sincerely unsettling. At the outset, a brief introduction to the analysis indicated that it was not intended to be viewed as a "prediction," adding that it was predicated on a question of whether "AI bullishness … [was] actually bearish." In finance, the terms "bull" or "bullish" and "bear" or "bearish" refer to markets and individual positions — bullish approaches expect economic growth, whereas bears anticipate dips. Citrini outlined a harrowingly reasonable chain of routine market fluctuations that would culminate in chaos as agentic AI consumed and confounded the global economy. A scenario that began with unprecedented white-collar layoffs quickly devolved into mortgage meltdowns as c Show less Read more
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