… assuming that the server is good for 5 years. If it’s only good for 3 years, the economics are basically impossible.
And surely the big AI companies wouldn’t decide that hardware rated for ~3 years should be amortized over 5-6 years in order to massively inflate their value on paper.
I’m sure Bernie Madoff’s fund had an ‘accounting puzzle’ too.
I love how the publications call it a ‘puzzle’ rather than what it so obviously is- a bunch of people throwing $billions at tech they don’t understand which has no serious road to profitability anytime soon.
And surely the big AI companies wouldn’t decide that hardware rated for ~3 years should be amortized over 5-6 years in order to massively inflate their value on paper.
Surely.
I’m sure Bernie Madoff’s fund had an ‘accounting puzzle’ too.
I love how the publications call it a ‘puzzle’ rather than what it so obviously is- a bunch of people throwing $billions at tech they don’t understand which has no serious road to profitability anytime soon.