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0 0 0.00125389603410605 0.00913552824848641 -0.00218536165944168 -0.0066277361802743 0.00268692007308423 0.0145093683946549
Stock impact report

AI is already killing white-collar jobs and wages [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
experiment: What if the AI boom, which has already minted extraordinary wealth and spurred corporate capital expenditure to historic highs, actually turns out to be a bearish signal instead of a bullish bubble waiting to burst? What if the same technology making white-collar workers more productive will soon destroy the larger white-collar economy? The widely read Substack post by Citrini Research began with a hypothetical future memo dated June 30, 2028: “The unemployment rate printed 10.2% this morning, a 0.3% upside surprise. The market sold off 2% on the number, bringing the cumulative drawdown in the S&P to 38% from its October 2026 highs.” In the real world present, Citrini's thought experiment rocked the market. The Dow fell 1.7% that Monday. Individual stocks mentioned in the post — Monday.com, DoorDash — fell about 7% each. IBM fell almost 13%. In other words, a Substack post laying out a theoretical scenario caused a real-world multibillion-dollar wipeout . And that ma Show less Read more
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