eicker@lemmy.world to Technology@lemmy.worldEnglish · 9 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-square104linkfedilinkarrow-up1347arrow-down10
arrow-up1347arrow-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 · 9 days agomessage-square104linkfedilink
minus-squaremoustachio@lemmy.worldlinkfedilinkEnglisharrow-up1·7 days agoThis isn’t going to happen. They’re not the banks, and they’re pretty universally hated in the country.
minus-squareOriginalTangle@feddit.orglinkfedilinkEnglisharrow-up2·7 days agoBut their owners didn’t kiss the ring for nothing.
minus-squareDead_or_Alive@lemmy.worldlinkfedilinkEnglisharrow-up2·7 days 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.
This isn’t going to happen. They’re not the banks, and they’re pretty universally hated in the country.
But their owners didn’t kiss the ring for nothing.
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.