Wokebloke for Democracy
@dougiec3@libretooth.gr
Semi-retired commercial artist living the life, painting, hiking, biking and spending way too much time on politics. I read A LOT, and continually. I post on a lot of different things, but mostly politics. Ex-Texan. I don't automatically follow back. There has to be some info on your profile. hee-haw
libretooth.gr
" The Bank for International Settlements has warned that an AI bust could hit credit markets as hard as 2008, precisely because so much of the buildout runs through debt and circular deals.
Those interlocking arrangements are what unsettle regulators. When chipmakers, cloud providers and model developers invest in one another, a stumble at any one node can ripple outward, and the exposure is harder to see from the outside."
https://thenextweb.com/news/a-fed-official-is-asking-whether-ai-is-becoming-too-big-to-fail
#AI #Economics #Bubble #TooBigToFail #Banks