Live data from Hacker News

Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

asia.nikkei.com

61–70 of 288 posts

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#61
post #57

Earlier quoted context omitted.

They think they’re immune. Even after Luigi, they still think they’re immune

As far-fetched as it sounds, I'd prefer elected officials and the justice system hold people accountable rather than psychotic murderers.

Well... AGI by next month sounds more likely than what you are hoping for.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#62

Earlier quoted context omitted.

They think they’re immune. Even after Luigi, they still think they’re immune

Well, I really wish that anyone, no matter their income level or job description, is immune against murder; or are we just throwing out civilization now?

It's of topic but, what if our current civilization is failing them? Like, of the system is broken and an individual acts to protect themselves or their family, the individual is still blamed.

That's how revolution starts.

And there are many revolutions that we (in USA) claim are good! Our own, from Britain, the French one. Of course others are bad (depending on where your vantage)

It's just that, sometimes the murder is (retrospectively) justified. Like in a war, they're killing us so we kill them.

But class war isn't fought with uniformed combatants.

And, in USA at least, many of our politicians are bought quite blatantly. If they aren't serving the citizens perhaps they have thrown out civilization and the social contracts first?

It's all quite complicated.

In general though, murder bad and government should serve the poorest citizens forst, corporations last.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#63
post #2

Archive link: https://archive.ph/20260720174223/https://asia.nikkei.com/bu...

I'm in the US and I'm either getting NXDOMAIN or NOERROR (with no A record answer) back from every big nameserver I try (my ISP, Google, Cloudflare, etc.). But a dig +trace archive.ph (which recurses all the way to the root locally) resolves it fine. Is there some US-mandated DNS filtering I don't know about?

Hmm, does DoH work?

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#64

Earlier quoted context omitted.

2008 all over again, but instead of Washington Mutual and Countrywide, we have whatever the heck is going on now.

I don’t know if the public would be as accepting of a bailout for AI companies… trillion dollar businesses that pushed technology with the goal of eliminating 50% of white collar workers… that isn’t really mission critical. If they want the reward, they need to accept the risk when the bet doesn’t go their way. If they aren’t willing to accept that, they shouldn’t be making such big bets.

> I don’t know if the public would be as accepting of a bailout for AI companies

It won't be framed as bailing out the AI companies. It will be sold to the public as bailing out their pensions and investments.

It's all about the marketing...

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#65
post #63

Earlier quoted context omitted.

I'm in the US and I'm either getting NXDOMAIN or NOERROR (with no A record answer) back from every big nameserver I try (my ISP, Google, Cloudflare, etc.). But a dig +trace archive.ph (which recurses all the way to the root locally) resolves it fine. Is there some US-mandated DNS filtering I don't know about?

Hmm, does DoH work?

A pretty reasonable question. I guess it could be my ISP filtering.

Or rather could have been, since the issue seems like it was transient. I'm now getting resolutions.

Very strange, I wish I'd recorded what was going on better while it was broken.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#66

These debts mean nothing if the US government actually views AI technology as being on par with the Manhattan project. They'll just bail them out or nationalise them.

They'll bail them out with what money? US is already almost $40T in debt, how do you think the bond market would react if another $2T were abruptly added to it?

Seemed fine with adding that much during Covid

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#67

Earlier quoted context omitted.

I don’t know if the public would be as accepting of a bailout for AI companies… trillion dollar businesses that pushed technology with the goal of eliminating 50% of white collar workers… that isn’t really mission critical. If they want the reward, they need to accept the risk when the bet doesn’t go their way. If they aren’t willing to accept that, they shouldn’t be making such big bets.

> I don’t know if the public would be as accepting of a bailout for AI companies That's putting it mildly, IMO. An AI bailout would be a poison pill that would electorally doom whichever party was behind it for decades.

I don't hold my breath for long term memory of average joe. Seems like US population was primed for short dopamine kicks for past 20 years with reality shows and similar clown stuff.

Look at who got elected, all those scandals, consistent lies, empty talk and fraud yet support is still strong.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#68
post #53

Earlier quoted context omitted.

If the US companies need trillions to barely beat Chinese companies spending billions, despite a multi year head start...

That's the difference between innovating and copying/distilling someone else's innovation. https://wccftech.com/chinas-kimi-k3-identifies-itself-as-ant...

As opposed to all the copying AI companies have done of everyone else's work, in order to build something that tries to replace and undercuts the people who did that work?

World's smallest violin.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#69

Earlier quoted context omitted.

As someone who belongs to “all of us”, i vote to not bail us out if shit hits the fan. No need to ask me when it happens, OK? No really, it’s nice of you but we really dont need to be bailed out. You are welcome :)

The problem is if large banks fail they take everyone else with them. We should have dealt with this in 2009, but for some reason it didn't happen. But money talks, I guess.

Things have changed since 2009. It would be private credit which fails this time, not the banks.

Private credit is not supposed to be systemically important and it's not supposed to need bailing out. Maybe we'll find out how true that is in practice.

Re: Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

#70
post #57

Earlier quoted context omitted.

They think they’re immune. Even after Luigi, they still think they’re immune

As far-fetched as it sounds, I'd prefer elected officials and the justice system hold people accountable rather than psychotic murderers.

Obviously that's preferable. What if they don't?
Post reply on HN