Five tech giants are hiding $1.6T in AI debt, using the trick that toppled Enron

69 pointsposted 7 hours ago
by arto

13 Comments

b3ing

4 hours ago

1929 flashback? We already had a pandemic but no booming times

Ekaros

4 hours ago

It has been amazingly booming if you have had money in any market... But poor are forgotten.

bluefirebrand

2 hours ago

Markets might be booming but society sure isn't. Everyone's miserable and burned out and broke.

kolinko

3 minutes ago

it may depend on where you live and who you hang around with

Avicebron

a few seconds ago

Which usually depends on how much money you make!

cyanydeez

4 hours ago

nah, more recent is dotcom bust. lots of circular funding on ephemeral services that have zero physical basis or equates to real gdp output.

whalabi

5 hours ago

Is it just me or is this clearly written by Claude?

The last heading is literally "The honest version"

But otherwise throughout it just reads like Claude wrote it.

camillomiller

4 hours ago

It is obvious. It‘s disgusting

notjustanymike

2 minutes ago

It's not just obvious - it's disgusting. And that matters more than you think. - Claude