Chris Remington ( remington@beehaw.org ) MA to

Technology · 3 months ago

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

153

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

Chris Remington ( remington@beehaw.org ) MA to

Technology · 3 months ago

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

A Nikkei study found Alphabet, Microsoft, Amazon, Meta and Oracle carry $1.65tn in off-balance-sheet debt for AI, more than they report. It is all legal.

Chat

BigMacHole ( BigMacHole@thelemmy.club )
link
fedilink
arrow-up
10·
3 months ago
ILLEGAL? But these are CORPORATIONS! They CANT do anything Illegal!
- ryannathans ( ryannathans@aussie.zone )
  link
  fedilink
  arrow-up
  5·
  3 months ago
  It says legal

Technology

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

156 users / day
886 users / week
2.24K users / month
5.11K users / 6 months
5.11K local subscribers
43.7K subscribers
6.42K Posts
107K Comments
Modlog