“These are #equity-financed #investments by one of the most valuable #companies in history. If the returns are dismaying, Apple’s stock price might suffer, but the company will neither default nor trigger a cascade of failures through the #financialsystemwww.project-syndicate.org/commentary/a...

An AI Bubble Won’t Trigger a F...
An AI Bubble Won’t Trigger a Financial Crisis

Lenny Mendonca & Martin Neil Baily argue that the current US investment boom is not analogous to the earlier dot-com and subprime bubbles.

Project Syndicate