Treasury Analysts: AI Bet Could Sink Us All
Why is this a secret report - we’ve been warning about this for years
Treasury insiders drafted a report quietly warning that the massive AI investment boom looks like the dotcom bubble - overhyped, infrastructure-heavy, and risky to banks, private credit, chips, and the whole economy if growth or funding fizzles.
“If AI companies fall short, the effects would ripple throughout the financial system as a whole, from big banks and hedge funds to private creditors, the analysts note.
The largest AI firms are also all interconnected with each other and across different markets,…”