chobeat@lemmy.ml to

Technology@lemmy.ml · 12 days ago

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

3

50

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

chobeat@lemmy.ml to

Technology@lemmy.ml · 12 days ago

3

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

habitualTartare@lemmy.world
link
fedilink
English
arrow-up
6·
12 days ago
digging into sources/references I’d take this as a pretty reliable source. https://news.bloomberglaw.com/tech-and-telecom-law/big-tech-ai-spree-revives-accounting-devices-that-toppled-enron

Technology@lemmy.ml

technology@lemmy.ml

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: [email protected]

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

Visibility: Public

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

137 users / day
698 users / week
1.8K users / month
6.54K users / 6 months
5 local subscribers
43K subscribers
2.54K Posts
11.7K Comments
Modlog

mods:
MinutePhrase@lemmy.ml