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Banks turn data centre loans into 2008-style financial time bombs
(pivot-to-ai.com)
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
For actually-good tech, you want our NotAwfulTech community
Looks like SCHD is not heavily invested in US financial institutions holding the bad debt which is the potential pitfall I saw. Its hard not to invest in banks since they literally have a license to make money, but a lot of them are going to lose money when the chatbot companies can't pay back their loans.
Socially responsible investing / ESG also does pretty well at screening out the surveillance industry.