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/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.
Replying to @UnderpantsWeevil@lemmy.world
I’d argue that Microsoft really didn’t do anything .com-ish. Amazon would have been a better choice for your argument.
And noone’s arguing that no companies flourished during those years. Just that a fuckton of them drug the market back to hell with their overpriced evaluations. (people laying fiber and buying 1.2M sock puppet ads in the super bowl)
Replying to @rumba@lemmy.zip
I’d argue that Microsoft really didn’t do anything .com-ish.
They’ve been the pack leader in the tech sector for decades.
And noone’s arguing that no companies flourished during those years.
The MAG7 have been outperforming the rest of the market since COVID, often by 5+%
This is very different than betting on some small cap IPOs
Replying to @UnderpantsWeevil@lemmy.world
They’ve been the pack leader in the tech sector for decades.
So what did they do that was crazy long bad bet .com? Them existing in the .com days leaves nothing to the discussion at hand.
Amazon was at least standing up storefronts and cloud at that point.
The MAG7 have been outperforming the rest of the market since COVID, often by 5+%
What does this have to do with Tech bubble vs AI bubble? Are you interested in being on topic or just arguing?
Replying to @rumba@lemmy.zip
So what did they do that was crazy long bad bet .com?
Windows ME leaps to mind. Internet Explorer giving up enormous market share to Chrome and Netscape. Fumbling Search for twenty years. Take your pick
What does this have to do with Tech bubble vs AI bubble?
The Tech Bubble was largely small cap startups. AI is prevailing B2B and SaaS.
Also “bubble” only means something in hindsight. You keep saying AI is going to crash. Where’s the crash? I’ve been reading this prediction for half a decade
Replying to @UnderpantsWeevil@lemmy.world
bye!