The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news
Will data centers crash the economy?

This time let's think about a financial crisis before it happens.

Noahpinion