ByBrandon Kochkodin,
Forbes Staff.
T
he AI boom has lifted markets to one record high after another. Investors are piling in. Companies are building data centers at a feverish pace. Bankers, jaws agape, are drooling over the fees only a once in a generation debt binge can provide.
But the buildout comes with risks that ordinary people rarely think about. At the WSJ Tech Live conference in Laguna Beach this October, OpenAI finance chief Sarah Friar warned that the government might need to backstop the debt fueling the expansion. Such a step would protect corporations and investors while strong-arming the public into absorbing at least some of the risk.
