Federal Reserve urged to exercise caution as AI debt piles up
Photo: Crypto Briefing
Bond investors are pricing in the risk of Big Tech's AI spending spree, and the Fed is being told not to make it worse Big Tech wants to build the future of artificial intelligence. Increasingly, it wants to do that with borrowed money. A Bloomberg opinion piece argues that the corporate bond market already recognizes the risks of AI’s enormous capital spending. It also argues that the Federal Reserve should tread carefully so a market wobble does not turn into a self-reinforcing downward spiral.
Source: Crypto Briefing
