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AI’s Trillion-Dollar Buildout Echoes Enron Tactics Amid Surging Debt and Power Hunger
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AI’s Trillion-Dollar Buildout Echoes Enron Tactics Amid Surging Debt and Power Hunger
The warnings come sharp and clear. Michael Burry, the investor made famous by The Big Short, told his followers on X this month to revisit the book The Smartest Guys in the Room. History, he posted, is repeating. “This is so much bigger than one company, and orders of magnitude more dangerous to the economy and investors than Enron.” Yet not everyone sees collapse on the horizon. Ram Bala, associate professor of AI and analytics at Santa Clara U…
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