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Excessive AI spending risks global financial consequences, BIS warns

Excessive AI spending risks global financial consequences, BIS warns

The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied on enormous debt and highly leveraged nonbank structures that can rapidly unwind,” one analyst said in response to the report.

Source:Cointelegraph
DISCLAIMER: This article is for informational purposes only and is not financial advice. Always do your own research (DYOR) before investing.
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