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Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 13 hours ago

If you are worried about a financial crisis caused by the Artificial Intelligence boom ending, then the key early indicator may not be slowing economic activity, but rather a series of write-downs in corporate accoutres of their capital expenditure on AI... in other words a recognition that it is not going to produce the returns expected.

When that happens, what follows will depend on how market traders ('the market') reads such write-downs.

#AI #economics

h/t FT Lex

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