AI slowdown calls justified but collapse of bubble may be more immediate threat | Heather Stewart

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worryWarnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse, it is still worth asking if the entire AI-industrial complex is sailing towards a financial iceberg.It will hardly be our most pressing concern if the bots are poised to take over the world, but a collapse of the AI bubble would have repercussions far beyond the US. Continue reading...