Citadel hits back at the AI doomsday scenario in the viral Substack post that tanked stocks
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- Citadel responded to a viral Substack post from Citrini Research that warned of an ominous AI future.
- Macro strategist Frank Flight outlined why such an AI apocalypse is unlikely to become reality.
- Slow adoption rates, supply restraints, and high costs are some of the reasons Citadel cited.
A viral Substack post from Citrini fueled stock market losses this week after the hypothetical scenario it outlined stoked Wall Street's fears of AI disruption.