On February 22, 2026, macro research firm Citrini Research published a provocative thought experiment titled The 2028 Global Intelligence Crisis. Written in collaboration with Alap Shah, the report is framed as a future-dated macro memo from June 2028. Its premise is not that artificial intelligence fails. It is that AI works better than expected and that very success destabilizes the global economy. The document is explicitly presented as a scenario analysis, not a prediction. The authors describe it as a way to model a left-tail risk that markets may be underexploring. At a time when investors largely view AI as a margin-expansion and productivity story, the report asks a deeper macroeconomic question: what happens if intelligence becomes abundant faster than income can adjust? The report imagines a world between 2025 and 2027 in which AI-driven productivity surges. Companies aggressively adopt autonomous systems, replacing large segments of white-collar labor. Corporate margins expa...