eicker@lemmy.world to Technology@lemmy.worldEnglish · 5 days agoMainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."futurism.comexternal-linkmessage-square135linkfedilinkarrow-up1375arrow-down19
arrow-up1366arrow-down1external-linkMainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."futurism.comeicker@lemmy.world to Technology@lemmy.worldEnglish · 5 days agomessage-square135linkfedilink
minus-squareDead_or_Alive@lemmy.worldlinkfedilinkEnglisharrow-up1·4 days agoWhen the AI bubble pops it’s going to take down the banks. There is a lot of private credit dollars loaned to data centers and the banks are heavily invested in private credit. It’s a house of cards priced for perfection just waiting for one of the big 5 to have a slightly off quarter.
When the AI bubble pops it’s going to take down the banks.
There is a lot of private credit dollars loaned to data centers and the banks are heavily invested in private credit.
It’s a house of cards priced for perfection just waiting for one of the big 5 to have a slightly off quarter.