After the stock market was rocked by a wave of AI-driven anxiety on Monday, followed by a rebound on Tuesday, Jim Cramer dismissed a viral research paper that sent software stocks into a tailspin.

A Market Gripped By ‘Science Fiction’

On the Mad Money episode, Cramer addressed a provocative paper by Citrini Research titled “The 2028 Global Intelligence Crisis,” a primary catalyst for the Dow’s 822-point plunge on Monday. He described the work as a “stunning, well-written, incredibly pessimistic” narrative that fundamentally questions the future of white-collar employment.

While the market reacted with panic, Cramer was quick to label the thesis "high-stakes science fiction." Referring to the bleak outlook for human workers, Cramer joked that the paper does everything but quote the famous line from Predator: "We're all going to die."

Despite his skepticism, he acknowledged that the “AI apocalypse fears” are materially affecting the price-to-earnings multiples of tech giants such as Salesforce Inc. (NYSE:CRM), Adobe Inc.