Seanny b

This profile has nothing to do with the person you may know as sean b As he is a respectable man, who would in no way ever have a twitter/X account  Angel

[Seanny b @SeanBrelsford]

@glenntkim @niccruzpatane I thought the same thing. Best answer I got was they didn’t want to follow the crowd, they just wanted something different. It never worked out for them tho.

[Seanny b @SeanBrelsford]

He knows more. You’ll soon get there. I just did.

Let’s begin with the issue of debt, because explaining it from that angle makes the situation much clearer. Most articles start with revenue, which can be misleading, so it’s easier to understand the dynamic when we flip the perspective.

There are roughly ten major AI players, realistically closer to five to seven, but let’s use ten for simplicity. Across this group, 80% to 100% of them owe extremely large amounts of money to one another under various long-term contracts. For example, a company may make a $2B upfront commitment but ultimately owe $300B over the full term of the agreement. These contracts typically span three years.

The problem is how these companies are recording the revenue. They are booking these multi-year commitments at full value as if they are guaranteed, even though the cash is nowhere near materializing. For example, Nvidia’s profit conversion ratio is around 75%, meaning 75% of the revenue they record never actually turns into cash. Many of the other AI companies show similar patterns.

Now zoom out:

All these companies are showing explosive growth because they are recognizing these huge intercompany obligations as revenue. But if that revenue is never collected, then the financial statements are not presenting a true economic picture. It’s effectively inflated revenue, or put more bluntly, cooking the books through overly aggressive recognition.

This brings us to the core risk:
How are these companies going to pay off these staggering future obligations? The answer is simple, they must be able to charge consumers. But right now, consumer monetization is weak, profits are thin, and revenue doesn’t support the current levels of spending. In short, these companies are betting heavily that future demand will justify today’s massive financial commitments.

Two sentences to sum it up:

There are ten major AI companies, and they are all massively indebted to one another, each recording enormous contractual obligations as if they were guaranteed revenue. They are betting that future consumer demand will cover these commitments; when updated accounts receivable figures arrive early next year, we’ll finally see their true profit-conversion ratios—and for once, a computer algorithm may have outperformed the savvy investor.

[Seanny b @SeanBrelsford]

@haadey11 @Not_Ducked @interesting_aIl No they dont lol

[Seanny b @SeanBrelsford]

@Not_Ducked @interesting_aIl That's part of the "fun"

[Seanny b @SeanBrelsford]

@interesting_aIl There is a select few of us out there....

[Seanny b @SeanBrelsford]

Caitlin trusted me enough to let me fly her around. Simulator skills finally came in handy. Flight went perfect.

[Seanny b @SeanBrelsford]

It ended up being some shady stuff he brought. I told him no more and he said okay. I saw more stuff btw. He’s not listening. Anyone else’s having this problem? Where my followers at?!

[Seanny b @SeanBrelsford]

Man made something on my yard.
I don’t have the video of the man but I have video of the stuff and I saw him bringing more stuff the night before.

[Seanny b @SeanBrelsford]

Man made something on my yard.
I don’t have the video of the man but I have video of the stuff and I saw him bringing more stuff the night before.

[Seanny b @SeanBrelsford]

@AmyNiemann01 @lippyent 27 club

[Seanny b @SeanBrelsford]

@DudespostingWs This guy is about to be taken out by the CIA. If you know, you know... Such talent though!!!

[Seanny b @SeanBrelsford]

Some more drone practice. This is not in my backyard my wife wanted me to be very clear about that.

[Seanny b @SeanBrelsford]

@jvssixa489 Did he ever get that starving young comedian a job? lol those videos are super funny.

[Seanny b @SeanBrelsford]

@curiosityonx This is incredible! Who knows for certain if we are truly the first humans to witness a Mars sunset? But in modern history, I can agree we are the first!

[Seanny b @SeanBrelsford]

@IanCarrollShow @iheartmindy For science!!! I'm curious and awaiting the documentary. Maybe its out and I'm just living under a rock.

[Seanny b @SeanBrelsford]

@Chilearmy123 HOLD the LINE! Not Selling!!!

[Seanny b @SeanBrelsford]

@VincentSco72192 It’s legit but just needs to be more pointy. Much more pointy!!!

[Seanny b @SeanBrelsford]

@VincentSco72192 I think we should at least mention "I/we like the tech." at a bare minimum. small recommendation

[Seanny b @SeanBrelsford]

@VincentSco72192 What are we doing exactly? Let's give the sharpie-marker xrp-army some deets!

[Seanny b @SeanBrelsford]

@neuronmusk @VincentSco72192 Thanks cuz the Chart took a while. The God candle is going to be nice.

[Seanny b @SeanBrelsford]

@VincentSco72192 Thank you and I couldn’t have done it without you!

[Seanny b @SeanBrelsford]

@VincentSco72192 I Like the Tech!!!!!!!!