Citrini’s AI doom report makes fun reading. But it’s wrong. Here are 6 reasons why…

1. Financial Collapse Would Cut AI Spend — In Citrini’s scenario, there is no brake on AI spending. But if AI causes economic collapse, all capital spending will grind to a halt.
   
   Companies need to borrow hundreds of billions to build AI infrastructure. Good luck doing that in a frozen credit market.
   
2. Everything Gets Way Cheaper — If Citrini is right and AI causes a depression, prices will fall through the floor. Workers might be making less money, but they won’t need as much.
   
   Citrini’s report actually mentions big falls in house prices. But they fail to consider that lower house prices mean you don’t need to earn as much.
   
3. NVIDIA Saves the Day — Citrini imagines a world with runaway AI spend. In that world, companies like NVIDIA and TSMC will shoot the lights out.
   
   Guess who owns NVIDIA and TSMC? Those same white-collar workers that could be put out of their jobs.
   
   They may not have work anymore, but many won’t need to work. Expect more workers to FIRE.
   
4. A New Wave of Founders — If AI makes us way more powerful, it will be much easier to start a business. Displaced workers will create a massive wave of new, AI-enabled companies.
   
   So many of the costs of running a business will drop to zero. Legal, accounting, coding, all done by AI.
   
   Why not start your own business?
   
5. Big Companies are Slow as Molasses — Citrini thinks that big companies will adopt AI agents next year. I’m guessing they never worked at a big company.
   
   Enterprises can barely install SharePoint. Many of them are still on premise, 20 years into cloud computing.
   
   Companies will adopt AI eventually. But this will play out over decades.
   
   That gives workers a lot of time to adapt.
   
6. The UBI Way Out — Even if Citrini is right and AI destroys the economy, the average person will still make a living. It’ll just come from the government.
   
   If AI destroys millions of jobs, the pressure for a UBI would be overwhelming. Already, politicians compete to see who can offer the most benefits!

Wrap-Up

Citrini is wrong. AI is not going to crash the economy.  

But they are right that some people will be displaced. Many of them will get worse jobs than before.

Still, that scenario will take decades to play out. This gives us time to adapt. 

Best of all, AI will create new opportunities we can’t even imagine. 

Doomerism gets clicks. But long term, optimists win. 

More on tech:

SaaS Isn’t Dead — Time to Buy the Dip? 

My 2026 Predictions

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