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The Cure To Ai Doomerism
Panic in the stock market rarely comes from crazy ideas. It usually comes from taking a perfectly logical premise, drawing a straight line into the future, and entirely forgetting that human beings are involved.
Over the weekend, a bearish report by Citrini Research went viral, sending shares of IBM, DoorDash, and Visa plummeting. The thesis was terrifyingly simple: Artificial Intelligence is going to collapse the cost of software to zero. AI agents, powered by what is now being called “vibe coding,” will ruthlessly hunt for the lowest fees, bypassing middlemen instantaneously. In this…
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