AI slowdown calls justified but collapse of bubble may be more immediate threat | Heather Stewart

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry Warnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse, it is still worth asking if the entire AI-industrial complex is sailing towards a financial iceberg. It will hardly be our most pressing concern if the bots are poised to take over the world, but a collapse of the AI bubble would have repercussions far beyond the US. Continue reading...

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