This is some true believer shit.

Google launched less than thirty years ago.

At the current rate of deterioration, it's not exactly certain to what extent the planet will be able to sustain human life, much less whether a much loathed spyware company will still be around to pay the bills.

A company with $130 billion in cash reserves is floating 100 year bonds.

So much for billionaires reinvesting profits to trickle down in the economy. Now they hold onto profits, calling in suckers to bet for them and not promising results until all of them are dead.

100 year bonds to finance purchase of GPUs that fully depreciate in 5 years?

Can I sell 100y bonds too? It sounds like an amazing opportunity

The last company to do this iirc was Motorola in 1997. You can buy them on the secondary market now for about 80 cents.

TO BUY HARDWARE WITH A 3 YEAR LIFESPAN. THREE YEARS. 3.

Selling hot air heated by wasting electricity in a data center.

This, juxtaposed with the fact that the vast majority of tech investment in the US is comically shortsighted, is only proving that irony is dead.

They are looking for the real suckers, that think things are going to continue on like this for 100 years.

I mean jesus, for a minute lets forget about climate change, and how increasing climate instability will fuel more political turbulence, how feedback loops are accelerating climate change beyond our predictions we are fed that were always undershoots to justify business as usual.

Just looking at politics and business now, the rich have taken from working people more than is sustainable. Not even directly taking, stated inflation is lower than real inflation, so we take a pay cut every year on top of everything else, and on top of consolidated industries that have conspired to increase their share of profits, and a government unwilling to enforce anti trust laws. A court system unwilling to check corporate interests, but willing to allow the government to go full nazi.

The economy is not sustainable as such. It's getting worse for working people, that can't afford professional services even with good jobs now. Let alone the low wage workers. Health care and drugs are beyond any semblance of reason. People have to give away their life savings for routine end of life medical problems that used to cost a reasonable amount of money.

There is no way the economy holds for 100 years. A 10 year bond might even be getting a little optimistic. The government is openly corrupt, working people don't have the money to live a dignified life for the first time since the great depression in the US, and the rich are showing no sign of not taking exponentially more of economic output with their corrupt governments in tow.

Any fool that thinks dollar amounts are a good store of value as such to receive for the next 100 years is a sucker.

This is like that part in Don't look up when the Jennifer Lawrence's character tells her BF to wait 6 months before she meets his mother.

The longest portion of the offering, a 40-year bond, is expected to yield 0.95 percentage points over US Treasuries, down from 1.2 percentage points during initial talks, the people said.

Gotta be really bearish on treasuries to consider this a good idea.

So they know that AI is going to be unprofitable for near to medium term?

Yes, please go all in there, Google.

Inverted yield curve in physical form?

Cool.