eicker@lemmy.world to Technology@lemmy.worldEnglish · 1 day 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-square107fedilinkarrow-up137
arrow-up137external-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 · 1 day agomessage-square107fedilink
minus-squaredemonsword@lemmy.worldlinkfedilinkEnglisharrow-up4·22 hours agoI doubt it. Government would step in and bail them out.
minus-squaremoustachio@lemmy.worldlinkfedilinkEnglisharrow-up1·4 hours agoThis isn’t going to happen. They’re not the banks, and they’re pretty universally hated in the country.
minus-squareDead_or_Alive@lemmy.worldlinkfedilinkEnglisharrow-up1·4 hours 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.
minus-squareOriginalTangle@feddit.orglinkfedilinkEnglisharrow-up1·4 hours agoBut their owners didn’t kiss the ring for nothing.
I doubt it. Government would step in and bail them out.
This isn’t going to happen. They’re not the banks, and they’re pretty universally hated in the country.
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.
But their owners didn’t kiss the ring for nothing.
yep, with our money.