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Technology@lemmy.ml · 14 days ago

Big Tech is hiding $1.65tn in off-balance-sheet AI debt

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Big Tech is hiding $1.65tn in off-balance-sheet AI debt

chobeat@lemmy.ml to

Technology@lemmy.ml · 14 days ago

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Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron

Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up

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13 days ago
AI, much like Enron, is ‘too big to fail’ (until it does, spectacularly)

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