The AI debt boom does not augur well for investors
AI债务繁荣对投资者并非好兆头
The surge in investment may end up looking more like previous cycles of over-optimism and heavy capital spending
投资中一些最高的回报最终来自资本稀缺的领域，而非资本充裕的领域。如今，涌向大型科技公司的资本绝非稀缺。
The writer is deputy chief investment officer at Richard Bernstein Advisors
本文作者是Richard Bernstein Advisors的副首席投资官
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