BIS warns AI spending boom could crash markets and trigger recession

The Bank for International Settlements said the five largest hyperscalers are on track to spend more than $1 trillion on AI ...
American Banker

AI boom could cause the next economic crash, BIS warns

The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British ...

How the AI boom exposes investors to risk, while a downturn could see a sharp crash: BIS

Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising ...

A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors

A research report framed as a hypothetical look back from 2028 was making the rounds online and adding to fresh jitters in software stocks.

Tech guru Erik Gordon says investors will 'suffer' far more from the AI boom than the dot-com crash

Business professor Erik Gordon said more investors will lose more money in the AI craze than the dot-com bubble as stock values are much higher.