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Technology@lemmy.worldEnglish · 3 months ago

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

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Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 3 months ago

Big Tech hides $1.65 trillion in AI debt off its balance sheets - more than its total reported debt - using legal structures regulators still allow.

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If you have a credit card then you can owe a bank 20 dollars, so…

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