IBM’s rout, ‘ghost’ GDP: Why AI doom loop may be just a ‘scary bedtime story’

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional roles and spark economic freefall, leading to a steep drop in IBM’s share price. Yet many specialists dispute this doomsday timeline, arguing that AI’s impact will unfold more gradually, with outcomes depending significantly on how policymakers manage labor, regulation, and innovation.