Five tech giants are hiding $1.6T in AI debt, using the trick that toppled Enron (thenextweb.com) 104 points by arto 1mo ago ↗ HN
[–] zrn900 1mo ago ↗ 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... [–] [dead] n64controller 1mo ago ↗ [dead] [–] pseudohadamard 1mo ago ↗ 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".
[–] pseudohadamard 1mo ago ↗ 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".
[–] whalabi 1mo 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.
[–] jononor 1mo ago ↗ 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.
7 comments
[ 1.2 ms ] story [ 22.4 ms ] threadhttps://makingsense.quora.com/AI-Bubble-Seems-To-Be-Using-Th...
"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".
The last heading is literally "The honest version"
But otherwise throughout it just reads like Claude wrote it.