tag > Comedy
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AI is the Enronification of the entire stock market.
The reason why S&P 500 earnings estimates keep going up is because for the first time in history, capex expense is now being counted as revenue in Wall Street's forward earnings estimates. If Wall Street was counting AI capex expense at the same rate as they are counting the capex revenue, then earnings would be negative.
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"The longer I live, the more I am inclined to the belief that this earth is used by other planets as a lunatic asylum." --George Bernard Shaw
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It is Samsara. It is Nirvana. It is both and neither.
Nothing ever happens
