Bank of America Just Issued a Stark Warning: AI Boom Is Hitting a Cash Crunch

[mrandish]

When you owe the bank millions of dollars, you have a problem.

When you owe the bank a billion dollars, the bank has a problem.

[therobots927]

And when you owe the bank hundreds of billions of dollars, the US taxpayer has a problem.

[cyanydeez]

Dont worry,someone will tell trump to mint that trillion dollar coin.

Imagine turkeys economic management under American branding.

[ciconia]

These people are crazy. It all seems so senseless.

[therobots927]

Yep but unfortunately that’s what the existing economic system incentivizes.

[soared]

Is there a world where Altman has architected a bubble to dethrone these major tech companies so that he can rise from their ashes?

[hamburgererror]

> rise from their ashes

What would be ChatGPT without the massive source of data?

[ghtbircshotbe]

The only company in the article taking on a worrying amount of debt is Oracle.

[jrpelkonen]

It might actually be the silver lining of this particular bubble if Oracle were to go out of business.

[conartist6]

I'd say the are four months left before the music stops.

[pcdoodle]

What bag do i want to be holding when that happens?