Goldman, BofA warn AI debt boom echoes dot-com bubble. Two of Wall Street's most influential banks are sounding alarms about the surging debt levels financing the artificial intelligence boom, drawing comparisons to the dot-com bubble that burst in 2000. Goldman Sachs strategists Dominic Wilson and Vickie Chang warned in a note to clients on November 9 that the AI trade now resembles the tech sector in 1997, several years before the dot-com crash. "We see a growing risk that the imbalances that built up in the 1990s will become more visible as the AI investment boom extends," they wrote. #AI #DebtBoom #WallStreet #GoldmanSachs #BankOfAmerica #TechBubble #DotComLessons https://www.perplexity.ai/...