| ▲ | Five tech giants are hiding $1.6T in AI debt, using the trick that toppled Enron(thenextweb.com) |
| 97 points by arto a day ago | 20 comments |
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| ▲ | jononor 17 hours ago | parent | next [-] |
| Does anyone have a good article on the topic? This one seems rather LLM generated. Not sure the specifics can be trusted... Overall thesis is maybe right, but would like to understand this in a bit more detail. |
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| ▲ | b3ing a day ago | parent | prev | next [-] |
| 1929 flashback? We already had a pandemic but no booming times |
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| ▲ | Ekaros a day ago | parent | next [-] | | It has been amazingly booming if you have had money in any market... But poor are forgotten. | | |
| ▲ | bluefirebrand a day ago | parent [-] | | Markets might be booming but society sure isn't. Everyone's miserable and burned out and broke. | | |
| ▲ | kolinko a day ago | parent | next [-] | | it may depend on where you live and who you hang around with | | | |
| ▲ | naveen99 14 hours ago | parent | prev [-] | | Except most people have general ai for free or $20/month. | | |
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| ▲ | cyanydeez a day ago | parent | prev [-] | | nah, more recent is dotcom bust. lots of circular funding on ephemeral services that have zero physical basis or equates to real gdp output. |
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| ▲ | whalabi a day ago | parent | prev | next [-] |
| 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. |
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| ▲ | ChrisArchitect a day ago | parent | prev | next [-] |
| Discussion on source: https://news.ycombinator.com/item?id=48987863 |
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| ▲ | zrn900 a day ago | parent | prev [-] |
| And they are using the special debt vehicle tricks that made the 2008 bubble and the resulting crash. This is an economic nightmare: https://makingsense.quora.com/AI-Bubble-Seems-To-Be-Using-Th... |
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| ▲ | pseudohadamard 16 hours ago | parent | next [-] | | I love that term "special vehicle", I'll have to use it more often from now on as a Universal Excuse: "It's not a fatal bug, it's a special vehicle". "It's not fraud, it's exercising a special vehicle". "It's not an empty excuse, it's a legitimate special vehicle". | |
| ▲ | solumunus a day ago | parent | prev | next [-] | | I’m glad we have a competent and trustworthy administration to guide us through this inevitable collapse. | | | |
| ▲ | n64controller 21 hours ago | parent | prev [-] | | [dead] |
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