TS Lombard models $20 trillion wipeout if the AI boom cracks
AI summary
Research firm TS Lombard has modeled a scenario in which a crack in the AI boom would wipe out $20 trillion in market value. Such a downturn would strain credit markets, pressure debt-laden companies and test whether AI-driven revenues are sustainable. Traders would care because crypto has traded in step with AI-linked risk assets, so a broad tech unwind could drag digital assets lower through correlated selling and tighter credit.
