#Financial-Crisis
2 notas · última:
The Citrini post is just a scary bedtime story
The post argues that Citrini’s AI scenario is vivid but weak on mechanism: a financial crisis is possible but unlikely, while a demand collapse from AI-driven job loss is mostly implausible and likely fixable.
Will data centers crash the economy?
Noah Smith argues that the AI data-center boom could slow the economy and, if its debt is concentrated in private credit, banks, and insurers, create conditions for a financial crisis.