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https://signalvnoise.com/posts/2585-facebook-is-not-worth-33000000000 https://signalvnoise.com/posts/2585-facebook-is-not-worth-33...
by marysminefnuf 8mo ago
https://signalvnoise.com/posts/2585-facebook-is-not-worth-33000000000 https://signalvnoise.com/posts/2585-facebook-is-not-worth-33...
- heavymemory 8mo agoDHH argued Facebook couldn't monetise. I'm not arguing Anthropic can't monetise. I'm arguing the debt structure financing AI infrastructure creates systemic risk regardless of whether individual companies succeed. Cisco survived the dot-com bust. The bondholders who financed the fibre didn't