Citrini’s AI doom report prompts software, payment stocks tumble

CoinTelegraph

by Brayden Lindrea

February 24, 2026

AI-Generated Deep Dive Summary

A groundbreaking report from Citrini Research has sparked a significant sell-off in software and payments stocks, with IBM experiencing its largest single-day drop in 25 years—tumbling 13.1% to $223.35. The report, titled *“Global Intelligence Crisis,”* warns of an impending economic downturn caused by the rapid advancement of AI technology. With over 22 million views on X (formerly Twitter), the report has引发 widespread concern about the future of the global economy. The Citrini Research report highlights how AI agents could potentially drive corporate profits to unsustainable levels, making human labor increasingly redundant and triggering a recession. It paints a grim picture of a 2028 scenario where the Standard & Poor's 500 index has fallen 38% from its all-time high, unemployment exceeds 10%, private credit unravels, and prime mortgages crack

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Originally published on CoinTelegraph on 2/24/2026