Economy

The AI boom is unsustainable unless tech spending goes ‘parabolic,’ Deutsche Bank warns: ‘This is highly unlikely’
“In the absence of tech-related spending, the U.S. would be close to, or in, recession this year,” George Saravelos says.
“In the absence of tech-related spending, the U.S. would be close to, or in, recession this year,” George Saravelos says.