Article

Arthur Hayes:AI debt, insurance risks, Bitcoin's fuel

Anthropic, Open AI slows AI R&D in the name of safety; behind it lies the harsh economic reality of collapsing demand for computing power. Trillion-dollar BIBIBI_CUR_0__AI debt is on shaky ground, while the U.S. insurance industry faces an insolvency crisis. Whether the government prints money for bailouts or procures computing power, Bitcoin will be the ultimate winner.

Source: https://www.panewslab.com/zh/articles/01a0c7d9-f623-753f-a143-6580f748f182