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Here’s another thing AI is making worse: the cost of borrowing money
Hyperscalers have borrowed US$222 billion this year, the Bank for International Settlements said, intensifying competition for credit and lifting yields.
Summary by Sydney Morning Herald
4 Articles
4 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
Here’s another thing AI is making worse: the cost of borrowing money
The AI craze is not only threatening to wipe out jobs and inflate a sharemarket bubble. It’s also costing governments more when they borrow.
·North Sydney, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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