Ghost GDP, Mass Layoffs: The Future AI Nightmare Scenario, According To Citrini's 2028 Crisis Memo

A recent report from Citrini Research raises concerns about the potential negative impact of artificial intelligence (AI) on the economy by 2028. Despite expected increases in productivity due to AI advancements, the study warns that the rapid automation of white-collar jobs could lead to significant job losses, causing a downturn in the job market. This scenario, referred to as 'Ghost GDP,' suggests that while economic indicators may appear strong, the reality for many households could be dire, with rising unemployment leading to decreased consumer spending and market instability. Analysts emphasize the need for proactive measures to address these potential challenges, including reskilling workers and implementing policies that support job transitions. As AI continues to evolve and integrate into various sectors, understanding its long-term implications on employment and economic health is crucial for ensuring sustainable growth and stability in the future.
Originally reported by NDTV Profit. Read original article
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