Post #3799002
2026-02-20 16:22 UTC
"In total, big tech companies are predicted to spend a record-breaking $650 billion on AI in 2026 alone, astronomical commitments that have Wall Street seriously on edge.
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According to a new Bank of America survey of 162 fund managers, a significant 35 percent said corporations are overinvesting in capital expenditures
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Replies (1)
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@jmcrookston@mastodon.social 2026-02-20 16:22
...A full 25 percent of survey respondents said they see the AI bubble as the largest risk — even more so than inflation and geopolitical conflict. And 30 percent said that AI expenditures were the most likely source of a credit crisis." https://futurism.com/artificial-intelligence/blinking-new-warning-sign-ai-industry