Historical Index
Public history begins October 1, 2026. Earlier September observations remain internal and are not part of the public series.
AI Systemic Risk Index
Oct 1
54
54
Oct 2
54
54
Oct 3
54
54
Oct 4
54
54
Oct 5
54
54
Oct 6
55
55
Oct 7
55
55
Oct 8
55
55
Current Component Scores
Demand / ROI
36
Unchanged from 36: TSMC's revenue growth confirms strong upstream demand, but it does not establish broad end-user returns.
CapEx Sustainability
55
Unchanged from 55: the financing pipeline implies more hardware spending, but no new cash-flow deterioration or completed capital commitment is documented today.
Financing / Credit
75
Up 2 from 73: SpaceX credit protection and bond spreads widened after its borrowing plan, while another chip-financing package may exceed $50 billion.
Market Concentration / Valuation
52
Unchanged from 52: the credit-market repricing is meaningful, but there is no new broad equity-valuation or index-concentration measure.
Physical Infrastructure
66
Unchanged from 66: strong semiconductor demand reinforces the buildout, but no new grid, construction, cooling, or water disruption is confirmed today.
Macro Spillover
47
Unchanged from 47: AI borrowing is competing for capital, but the evidence does not yet isolate a material economy-wide spillover.
| Date | Index | Risk Level | Direction | Issue |
|---|---|---|---|---|
| Oct. 8, 2026 | 55 | Elevated | → | Current issue |
| Oct. 7, 2026 | 55 | Elevated | → | Read archive |
| Oct. 6, 2026 | 55 | Elevated | ↑ | Read archive |
| Oct. 5, 2026 | 54 | Elevated | → | Read archive |
| Oct. 4, 2026 | 54 | Elevated | → | Read archive |
| Oct. 3, 2026 | 54 | Elevated | → | Read archive |
| Oct. 2, 2026 | 54 | Elevated | → | Read archive |
| Oct. 1, 2026 | 54 | Elevated | Baseline | Read archive |