Post #2800154

@BobLefridge@mastodon.nz @futuresprog@mastodon.nzoss.nz @JulianOliver@mastodon.social Ed Zitron, whom a couple of other commenters also mentioned, is the best. He has stacks of facts up to the ceiling. So if you're sitting there saying, "Wait. What? Ten thousand investors and Sam Altman can't _all_ be delusional!" go read Zitron. Then go looking for the opposing facts that show it's not a delusion and ... there aren't any. He's a great No!-I'm-not-crazy reality check. He had a good piece just recently on depreciation. You can bet your Sunday hat on businesses taking the tax deductions for depreciating equipment. The depreciation clock starts running once equipment is in service. Zitron looks at the books of some of these companies, and the depreciation isn't happening on the same scale as the delusions. (And if and when it does start happening, they don't show the revenue coming in to cover that level of depreciation. Forcing everyone to use Gemini won't do it unless they can also force everyone to pay $$/minute....)