BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks
Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.
Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.
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Source: CoinDesk
Original report: CoinDesk
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