AIET Techabout 4 hours ago
AI bust coming? Damodaran warns of 2008-like pain
1 min read
Aswath Damodaran warns AI's debt-fueled infrastructure spending and reliance on physical hardware pose greater collapse risk than the dot-com crash. The warning highlights potential economic fallout from AI growth faltering, stressing India's exposure to foreign investment and job market shifts. Investors face heightened volatility due to AI's leverage and hardware intensity.
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