A Thought Experiment That Moved Markets On February 22, 2026, Citrini Research's "Intelligence Displacement Spiral"—explicitly labeled "a scenario, not a prediction"—triggered real market volatility with its 2028 crisis thought experiment describing interconnected feedback loops where AI-driven labor substitution cascades through consumer spending, mortgage markets, and government revenue. The S&P 500 and Dow fell sharply on … Continue reading The Intelligence Displacement Spiral: A Structural Analysis of the Citrini Scenario