How AI agents could destroy the economy

Citrini Research published a scenario describing how AI agents (autonomous AI systems that can make decisions and take actions independently) could trigger economic collapse by replacing white-collar workers with cheaper AI alternatives, creating a negative feedback loop where job losses reduce consumer spending, forcing companies to invest even more in AI to survive. The scenario imagines unemployment doubling and stock market value falling by a third within two years, though the researchers present it as a thought experiment rather than a prediction.