NYT Opinion: The AI Debt Binge Is Endangering the Economy

GaryMarcus · x · 2026-08-27

A New York Times opinion piece argues that AI has become a story of debt rather than just stocks, which should be worrying. Comparing it to historical debt-fueled investment sprees like railways and telecoms, the article warns that manias driven mainly by credit almost inevitably end badly, despite the transformative nature of the underlying technology.

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