Could AI investment start a global sovereign debt crisis? If you look at the SpaceX-Google deal, it is already the case that the entire capex for the data center can be paid off by leasing it out for roughly 1 year. As we get closer to AGI, the returns on compute will be massive and obvious, many-fold the principal within a few years. And as AIs get more capable, the demand for the compute to serve them will be as large as the demand for white collar labor - aka 10s of trillions of dollars a…