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beep@piefed.world to Technology@lemmy.worldEnglish · 18 hours ago

Report says 'circular financing' shows AI bubble 'primed to pop'

www.openmarketsinstitute.org

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Report says 'circular financing' shows AI bubble 'primed to pop'

www.openmarketsinstitute.org

beep@piefed.world to Technology@lemmy.worldEnglish · 18 hours ago
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Circular Financing Arrangements, Mounting Risky Debt, and Increased Stock Market Exposure: The AI Bubble is Primed to Pop — Open Markets Institute
www.openmarketsinstitute.org
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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.

cross-posted from: https://piefed.world/c/tech/p/1492252/report-says-circular-financing-shows-ai-bubble-primed-to-pop

  • Blibittyblah@futurology.today
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    17 hours ago

    Depends on who wins the election

    • ExLisper@lemmy.curiana.net
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      9 hours ago

      Yes, Democrats will punish them 😂

      • CrimeIsLegalNow@ani.social
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        9 minutes ago

        Or they do, then get blamed for the collapse.

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