Damus
Timnit Gebru (she/her). profile picture
Timnit Gebru (she/her).
@Timnit Gebru (she/her).
"As Japanese financial newspaper Nikkei Asia found in a recent investigation, just five US tech giants — Alphabet, Microsoft, Amazon, Meta, and Oracle — are hiding an estimated $1.65 trillion in debt that doesn’t appear on balance sheets. That’s even more than the $1.35 trillion in debt the five companies officially reported in their financial data for the most recent quarter."

https://futurism.com/artificial-intelligence/ai-companies-hide-debt-off-balance-sheet
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Paul SomeoneElse · 3w
I wish I could see likely outcomes from this, but it's too confusing. Like how would a crash play out? Or how can they not crash? It's hard for me because the more we have hyper rich people, the more I see money as not real. CC: nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpq47ra0fhs4aqvxz7...