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

58 points by doctorshady 187 days ago | 15 comments

mrandish 186 days ago |

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 186 days ago | |

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

cyanydeez 187 days ago |

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

Imagine turkeys economic management under American branding.

ciconia 187 days ago |

These people are crazy. It all seems so senseless.

therobots927 186 days ago | |

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

soared 187 days ago |

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 187 days ago | |

> rise from their ashes

What would be ChatGPT without the massive source of data?

soared 186 days ago | | |

ChatGPT is sufficient but not required in this scenario

ghtbircshotbe 187 days ago |

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

jrpelkonen 187 days ago | |

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

conartist6 187 days ago |

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

pcdoodle 187 days ago | |

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

TowerTall 186 days ago | | |

A bag of cash so I can renter the marked and buy cheap stock and crypto and wait for the rebound.

cyanydeez 187 days ago | | |

I think you mean passport.