Business Insider
Business Insider
US · 43 mins ago

The AI boom has echoes of Enron — but that might be okay, a tech guru says

Ram Bala is an AI and analytics guru. Ram Bala Tech giants are using the same kind of financial strategies as Enron, academic Ram Bala says. The AI and analytics guru pointed to their handling of debt, demand forecasts, and circular deals. Bala said the AI boom is "not like bubbles of the past" and he expects long-term demand to impress. Today's tech titans are using similar financial tactics to Enron, but that doesn't mean they're careening toward disaster, one AI guru says. Enron, an energy…
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