Story perspectives

AI Risks Mass Unemployment by 2028, Warns Citrini Report

2/25/2026

Summary

AI Threatens Economy

Citrini Research warns AI could trigger mass unemployment and economic collapse by 2028.
The report, titled 'The 2028 Global Intelligence Crisis,' says AI will obsolete many white-collar jobs.
It predicts reduced consumer spending and a significant drop in stock values.
After publication, the S&P 500 fell 1%, with International Business Machines Corporation (IBM) stock dropping the most in 25 years.

Summary

AI Harms Education

A Brookings Institution report warns that AI in education risks cognitive atrophy as students rely on technology for reading and note-taking.
The report describes a cycle where students achieve better grades while losing critical thinking, entering a 'passenger mode' of minimal engagement.
The report notes a decline in reading and writing mastery and cites experts warning of a 'great unwiring' of cognitive abilities that could undermine deep learning.

History

Historical Context

The Great Depression, triggered by the Wall Street Crash of 1929, led to a global economic downturn lasting until 1939. By 1933, U.S. unemployment soared to 25%, crippling consumer spending and industrial output. Today, concerns about AI-induced job losses echo this historical crisis, highlighting the need for proactive measures to protect employment and adapt education to evolving economic landscapes.

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AI Threatens Economy

Citrini Research warns AI could trigger mass unemployment and economic collapse by 2028.
The report, titled 'The 2028 Global Intelligence Crisis,' says AI will obsolete many white-collar jobs.
It predicts reduced consumer spending and a significant drop in stock values.
After publication, the S&P 500 fell 1%, with International Business Machines Corporation (IBM) stock dropping the most in 25 years.

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