alt Hacker News> Excluding
But you don´t get to to that. Would be like "Excluding my business costs, my company profits are the same as my revenue".
Replies
overfeed • today at 5:25 PM
The implication is if AI implodes, the AI-related expenses go away and what remains is a great business.
mr_toad • today at 3:41 PM
> But you don´t get to to that.
You can, and for tax purposes you must. The bean counters hate that you can’t deduct capex.
aoeusnth1 • today at 3:17 PM
The return on capital is also phenomenal. To be a bear, you have to assume that will crater.
jhpankow • today at 4:02 PM
EBITDAI
I think the point is more: as soon as they stop with the AI silliness they'll return to being a quite strong business.