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BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

CoinDesk· Olivier Acuna· Sep 10, 2026 · 12:00 PM
BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.

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