AI’s hidden $3tn bill could wreck the world economy
“Once these data centres become revenue-generating in the next two years or so, this off-balance-sheet debt will have to come onto the balance sheet and will have to be serviced, including paying interest and amortising the assets acquired with this debt.”
Another slow-motion train wreck. Sounds like barring some AI Agent going rogue and crashing the Bloomberg terminals, the Tech Bros will be able to juggle the books for at least the next couple of years before the RED INK starts spilling financial blood like Palestinian kids on the bizness end of an Israeli Uzi in the Gaza Strip. Main question is just how big they can blow this bubble before it pops?
RE