“The canal mania of the 1830s. The British railway bubble of the 1840s. The dot-com crash of 2000. Each began with a genuine technological breakthrough that attracted more capital than commercial returns could ultimately justify. Each ended in a recession… What makes an AI bust particularly dangerous, the BIS argues, isn’t just the scale of…
Tag: Recession
Despite Recession Fears, Companies Aren’t Pulling Back on Technology Investments
“The chances for a recession are still being debated and inflation looks to be stubbornly high for at least the rest of this year, but when it comes to technology spending for companies it’s full steam ahead. A new CNBC Technology Executive Council survey shows that more than three-quarters of tech leaders expect their organization…