Citrini Research’s Blog Post on AI Rattles Wall Street: Is Fear Feeding on Itself?
Australian Financial Review
ENRICHED
Details
- Date Published
- 23 Feb 2026
- Priority Score
- 1
- Australian
- Yes
- Created
- 24 Feb 2026, 12:00 am
Description
The viral article helped spark fresh falls across software, private capital and bank stocks on Monday night, as investors brace for the worst.
Summary
The article discusses the impact of a viral blog post on AI by Citrini Research, which caused significant market reactions, particularly affecting software, private capital, and banking sectors. This emphasizes the power of media influence on market sentiment, drawing parallels with historical events like the Wall Street crash of 1929. While the article highlights current market volatility linked to AI narratives, it focuses more on financial market reactions than on direct AI safety implications. The content is more related to the economic and investment landscape rather than AI governance or existential risks.
Body
MarketsChanticleerPrint articleFeb 24, 2026 – 10.06amA couple of nights ago, Chanticleer finished reading Andrew Ross Sorkin’s fabulous book on the Wall Street crash that sparked the Great Depression, which is simply called 1929.There’s no shortage of lessons from the book and that crash that resonate today. But a fascinating one is how the key protagonists from the period – both the celebrity investors and the well-known short sellers – recognised the role that media played in shaping market sentiment, and tried to harness this power.Loading...James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreChanticleerOpinionAISharemarketWall StreetSoftwarePrivate creditPrivate equityAtlassianFederal ReserveFetching latest articles