Damus
Emeritus Prof. Christopher May profile picture
Emeritus Prof. Christopher May
@Emeritus Prof. Christopher May
Hmmm... will the Mid-Terms (and the Democrats trouncing of the Republicans) be the spark that (finally) ignores the petrol of an AI-driven financial crisis.

We'll likely find out as trading starts on Monday, or maybe even tomorrow?

If the Dems *do* slow down (or even halt, only temporarily) the build-out of data centres, the associated debt overhang is pretty quickly going to look unsustainable (as many already think it is).

#FinancialCrisis #politics #AI

h/t FT
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Police State UK · 3d
I think the markets are already crashing. Mostly the companies that deserve it (all Musk's stuff went early), but they're all quite cross-connected these days so it's looking quite general at this point. Hopefully it'll shake down overnight and mostly get sane again where it counts. 🤞🏻