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The Artificial Intelligence Pyramid: Large-scale investments in data center rentals and chip purchases are not reflected on companies’ balance sheets

The WSJ calculated the off-balance-sheet liabilities of U.S. AI and big tech companies. The total amounted to $3 trillion, compared with capital expenditures of just $600 billion.

Financial analyst Alex Krüger called this “the biggest bubble in stock market history.”

#AI #Economy #FindTruth

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