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.
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.
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.