Unicorns and Cockroaches:
Part 2 of The Heretic’s Guide to AI’s Stars - The Depreciation Problem
Perusing the 10-Ks of the companies that are making and spending the most money is always fun.
In the last stages of a proper mania, where everyone fawns lovingly over new spending, perusing 10-Ks can seem a pointless old-world endeavor, one or more steps below brushing youngsters off my lawn. Yet, it is what I do.
Pattern Recognized
So, I found something …

