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CoinDesk

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.

Photo: CoinDesk

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.

Originally published by CoinDesk. Read the full story at the source →

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