Financing of AI build out raises risks in US, researcher says

A researcher warns that the massive financial investment required for AI infrastructure could pose systemic risks to the U.S. economy, potentially exceeding the scale of past major infrastructure rollouts.
The artificial intelligence build out is on track to require a larger share of U.S. output than the rollout of electricity, railroads, interstate highways or the internet, with an increasingly complicated financial structure that poses potentially systemic risks, according to…
READ NEXT
More on the wire
FROM THE PUBLISHER
Cardinals shortstop remains a favorite to win his second consecutive Gold Glove Award, but his offense has been slower to grow and keep up with elite defense.
FROM THE PUBLISHER
Philadelphia Union midfielder Cavan Sullivan defends Sporting Kansas City forward Andre Luiz during the second half at Children's Mercy Park on Sept. 19 in Kansas City, Kansas.
AI TLDR
St. Louis residents are expressing frustration over an increase in train horn noise, which is disrupting sleep. The city has pledged to address the issue.