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Global recession and the end of the middle class: What ‘AI exuberance’ could do to the world
The Bank of International Settlements has predicted major economic damage from the AI boom. It’s been correct before.
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3 prospettive sulla stessa storiaTimeline cronologica
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theage.com.au
Global recession and the end of the middle class: What ‘AI exuberance’ could do to the world
The Bank of International Settlements has predicted major economic damage from the AI boom. It’s been correct before.
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cryptobriefing.com
Bank for International Settlements warns AI investment boom could end in a bust
The BIS warns AI infrastructure spending by hyperscalers could lead to a bust, flagging $100 billion in bond issuance and hidden shadow borrowing risks.
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afr.com
AI boom risks global financial crash, warn central bankers
The Bank for International Settlements says “excessive” spending on new AI data centres and opaque transactions risked a financial meltdown similar to the GFC.