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Here’s another thing AI is making worse: the cost of borrowing money

SY
Sydney Morning Herald
By Clancy Yeates
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Here’s another thing AI is making worse: the cost of borrowing money
Photo / Coverage: Sydney Morning HeraldCredit: Clancy Yeates
EXECUTIVE SUMMARY

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.

Key Takeaways

  • 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.

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.

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Published originally on Sydney Morning Herald

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