Baldur Bjarnason15h ago

This law firm memo provides a fairly detailed overview of the risks inherent in the "AI" finance bubble and it doesn't look good

https://www.quinnemanuel.com/the-firm/publications/client-alert-emerging-litigation-risks-in-financing-ai-data-centers-boom/

> The deeply interconnected AI ecosystem means that distress at any single node—a construction delay, a tenant default, unhedged energy cost differentials, a collapse in GPU resale values—can propagate across multiple counterparties and financing layers.

This is fine, right?

Client Alert: Emerging Litigation Risks in Financing AI Data Centers Boom

Quinnemanuel
Show threadBaldur Bjarnason15h ago

https://www.quinnemanuel.com/the-firm/publications/client-alert-emerging-litigation-risks-in-financing-ai-data-centers-boom/

> Data center debt has increasingly been repackaged and sold to a wider pool of investors through asset-backed securities (“ABS”) and commercial mortgage-backed securities (“CMBS”).

This has never backfired, right?

Client Alert: Emerging Litigation Risks in Financing AI Data Centers Boom

Quinnemanuel
Show threadBytebro 🇬🇧 🇺🇦 🇬🇱15h ago

@baldur

2008, anyone?

Show threadBaldur Bjarnason15h ago
@bytebro At the very least. We have other potential crises on the boil as well 😅
Show threadBytebro 🇬🇧 🇺🇦 🇬🇱

@baldur

Thank the Goddess that a fair chunk of my retirement savings is in Cash ISAs and similar rather than stocks & shares. I think the crash is going to be epic.

4:17pmWeb