If there’s a legitimate crash everyone will have bigger problems than buying stuff for their gaming rigs.
How bad it will be remains to be seen, it could be a process that takes a couple of years. Like the dot com crash.
A bank selling off AI loans at 17% yields is a pretty clear indicator that some financial institutions don’t trust this industry anymore. And they aren’t even that eager to buy up on the cheap!
That probably means they only got about $90 back for every $100 dollar they had loaned to the AI companies. Eating a 10% loss now is better than losing everything later.
How bad it will be remains to be seen, it could be a process that takes a couple of years. Like the dot com crash.
A bank selling off AI loans at 17% yields is a pretty clear indicator that some financial institutions don’t trust this industry anymore. And they aren’t even that eager to buy up on the cheap!
That probably means they only got about $90 back for every $100 dollar they had loaned to the AI companies. Eating a 10% loss now is better than losing everything later.