Post #1998519

Another in a growing list of evidence that the financial underpinnings of the AI mania are coming unglued. One speaks of "exposure" to a concerning risk, not to a bonanza of wealth creation. Some of the quotes in this article seem to be cherrypicked to minimize alarm, which I disagree with: there is cause for alarm. Looking between the lines (e.g. use of words like "exposure" and "choking"), one sees a dismal picture emerge. Banks seek to offload risk to avoid ‘choking’ on data centre debt Global lenders explore private deals and risk transfers to cut exposure to AI boom From https://www.ft.com/content/08aba5e4-5834-4e79-a48d-989a2c5bad0f (paywalled) #AI #GenAI #GenerativeAI #AgenticAI #LLMs #Claude #ChatGPT #Gemini #NoAI #AIBubble #AIHype