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A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 1 month ago by to c/technology@lemmy.world
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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[–] 5 points 1 month ago (4 children)

crash is coming. not here yet but these businesses cant manufacture acceptance

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  • [–] 2 points 1 month ago (3 children)

    What would be consequences of a crash?

    One thing I'm thinking is that a crash would likely lead to higher interest rates for everything.... but fossil energy is also highly capital-intensive, too, and runs only on cheap borrowed money, too, therefore..... wait it is hard to grasp how that could turn out.

    Anyone has tips for potato gardening?

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