Big Tech’s AI Borrowing Binge Is Driving Up Bond Yields

“Economists have been repeatedly dumbfounded by the resilience of the economy in the face of the Covid-19 pandemic, wars, tariffs, inflation and sharply higher interest rates. A simple answer has provided a catchall explanation: the growth of artificial intelligence,” the New York Times reports. “But the growth of A.I. also poses a risk, reflected in […]