Something doesn't quite smell right about this story. Here's a key paragraph from the Nikkei story that this Futurism story re-tells:
> Companies disclose such future debt not in their balance sheets, but in annotations to their quarterly financial statements. This is a legitimate practice under accounting rules, but may make it difficult for retail investors to recognize risks.
Does that justify a "tries to hide" headline?
This is also one of those cases where the headline is free but the details are behind a paywall.
I do think the story itself is notable, but I expect the discussion is going to lack some nuance.
Purchase commitments aren’t even future debt, they’re a future asset
It's cute they think 'retail investors' are reading balance sheets in the first place.
Gosh it would be ironic if they were hiding the nuances behind the firewall in a way that makes it difficult for retail investors to read.
Futurism has a pretty strong anti-AI bias. Both article titles and the articles themselves tend to be editorialized. On a scale of zero to Ed Zitron, they're somewhere around the middle.
I don't treat it as a reliable publication when it comes to anything AI related.