AI 'Doomsday Porn' Report Sparks Fierce Debate Among Tech Experts

• Citrini Research's 'The 2028 Global Intelligence Crisis' report predicts AI-led economic collapse, sparking strong reactions.
• The report forecasts widespread white-collar job displacement, falling wages, and a significant impact on India's IT sector.
• Experts like Deepak Shenoy and Marcelo P. Lima criticize the report, calling it 'doomsday porn' and highlighting 'major flaws' like the 'lump of labor fallacy' and ignoring falling costs of living.
• Some analysts link the report to recent tech stock selloffs, but fund managers advise against overreacting to distant outcomes.
• Indian IT leaders, including Nandan Nilekani, Rishad Premji, and Salil Parekh, assert AI will boost productivity and create new roles, with India becoming a global AI talent hub.