Op-ed asks the real question about AI
The gist
CNN analyst David Goldman argued the real AI question is how long the bond market will fund Big Tech's spending.
A third of Big Tech's capital spending this year is expected to be debt-financed.
How it unfolded
- Oct 30, 2026CNN publishes David Goldman's analysis "The real question we should all be asking about AI," arguing the real question is how much longer the bond market will sustain AI spending.
- Oct 30, 2026Google has its worst day ever, Intel tumbles more than any day since the Nixon administration, and Amazon and Meta post significant declines; the Nasdaq sits just over a percentage point from a correction.
- Oct 30, 2026AI spending has reached $1.6 trillion since 2023 and is expected to hit $1 trillion every year for the next decade, according to JPMorgan.