EPISODE · Aug 8, 2026 · 9 MIN
AI烧钱速度超次贷危机？经济学家警告
from 深度
Apollo首席经济学家Torsten Slok警告，AI数据中心建设是人类史上最快资本支出周期，投资增量超电信和住房泡沫，速度是住房泡沫巅峰期近两倍。产业链41%利润来自投资者而非客户，3万亿隐性债务藏于SPV，复刻次贷手法，逆转或同样迅猛。
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AI烧钱速度超次贷危机？经济学家警告
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