Lead: A speculative memo forecasting a 2028 AI-driven economic crisis has prompted business‑school faculty to reassess teaching models and research priorities after the scenario briefly rattled markets. Citrini Research’s scenario, and subsequent commentary by business‑school scholars who tested its implications with Anthropic’s Claude, produced immediate market volatility and a viral debate about how AI will change the production function of higher education. The piece argues the first impacts will be on how teaching is produced — course design, credentialing and faculty roles — not only on demand for degrees. Business‑school leaders are now considering curriculum modernization, new experiential formats, and governance controls on AI in pedagogy. Administrators flagged the need to protect research agendas and workforce development while adapting to rapidly evolving enterprise AI capabilities.