eicker@lemmy.world to Technology@lemmy.worldEnglish · 2 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-square122fedilinkarrow-up1350arrow-down17
arrow-up1343arrow-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 · 2 days agomessage-square122fedilink
minus-squaremoustachio@lemmy.worldlinkfedilinkEnglisharrow-up1·12 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-up1·11 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-up1·11 hours agoBut their owners didn’t kiss the ring for nothing.
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.