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Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

December 2, 2018 | Futurism AI
Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming
Getty Images For quite some time, investors have been warning that the hundreds of billions of dollars being poured into the buildout of enormous AI data centers could trigger a credit crisis. A recent Bank of America survey found that over a third of fund managers believe corporations are overinvesting in physical assets. Yet all told, AI companies are looking to spend a record-breaking $650 billion on AI in 2026 alone, an astronomical sum that has invest