Circular Financing Arrangements, Mounting Risky Debt, and Increased Stock Market Exposure: The AI Bubble is Primed to Pop — Open Markets Institute
www.openmarketsinstitute.org
This report with Americans for Financial Reform is an urgent warning: it details how the money pouring into AI could spiral into an economy-wide crisis and lays out recommendations for policymakers on how to keep an AI crash from devastating ordinary people’s finances.
  • BeMoreCareful@lemmy.worldEnglish
    1·
    1 day ago

    It’s like 2008, but nobody needs a movie to explain it because we’re all watching it happen.

    Everyone knows ai is a bubble, it will crash, and they’ll get bailed out.

    I half think they’re trying to blow up the Chinese market, but they don’t appear to have bet the farm. The worst that will happen is they’ll have a huge stash of chips and can get real aggressive with Taiwan.

  • REDACTED@infosec.pubEnglish
    1·
    2 days ago

    If I’d get a dollar for each article that says AI bubble is about to pop, I could afford ram again