posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/
Replying to @HaraldvonBlauzahn@feddit.org
Banks are in the business of underwriting debt and reselling it to private investors.
We’ve been reading this “End is Near” shit since COVID. Put something more on the table.
Replying to @UnderpantsWeevil@lemmy.world
Owning a debt from the AI industry is a fairly insane amount of risk
Replying to @MyVeryRealName@lemmy.world
Is it? They’ve been outperforming every other debt class for five years running.
Replying to @UnderpantsWeevil@lemmy.world
So did .com in the early 00’s and houses in the late 00’s
Replying to @rumba@lemmy.zip
If you bought into Microsoft in '01 and have owned a REIT since '07, you’ve made oodles of money.
Replying to @UnderpantsWeevil@lemmy.world
What about pets.com?
Replying to @BeMoreCareful@lemmy.world
In the end, Chewy.com was the better investment.