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Citadel hits back at the AI doomsday scenario in the viral Substack post that tanked stocks

Spencer Platt/Getty Images

  • 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.

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