The private credit market is facing mounting pressure, as investors grow increasingly concerned about how AI will disrupt software companies’ revenue streams.   Experts suggest that AI-driven job losses, rising private credit stress, and tightening lending conditions could ultimately leave the government with little choice but to print money, a scenario that could have significant implications for Bitcoin (BTC). Signs of Stress Mount Across the Private Credit Market Morgan Stanley forecasts that default rates in direct lending could climb to 8%, driven by artificial intelligence disruption in the software industry. At the same time, Fitch Ratings’ US Private Credit Default Rate (PCDR) has climbed to 5