News Summary

• Ram Bala is an associate professor of AI and analytics at Santa Clara University's Leavey School of Business.
• He says tech titans are using similar financial tactics to Enron, but that doesn't mean they're careening toward disaster.
• "This is so much bigger than one company, and orders of magnitude more dangerous to the economy and investors than Enron," Michael Burry of "The Big Short" fame said this week.
• Bala said he believes this boom is "not like bubbles of the past," and that long-term demand for AI will justify tech companies' current financial strategies.