The Bank for International Settlements says “excessive” spending on new AI data centres and opaque transactions risked a financial meltdown similar to the GFC.

Andrea Maechler, directrice adjointe de la banque des règlements internationaux venue de la BNS, fait le point sur les nuages qui s’accumulent. Elle met notamment en garde contre…

The Bank of International Settlements has predicted major economic damage from the AI boom. It’s been correct before.

Rising debt, AI uncertainty and inflation threaten the global economic outlook