The Exact Moment The AI Bubble Burst…

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welcome to this month's episode of techbros vs basic care and consideration for the world around them. the techbros are winning.

Edited by: Fads & Xander - https://www.instagram.com/xander.xixi/

Notes:

Some extra clarification on Bonus depreciation! Trump passed 100% bonus depreciation in his 2017 Tax Cuts and Jobs Act. This was due to expire at the end of 2026, and was already in the process of phasing out until the 1BBB.

Other admins have used too - usually at times of low economic activity. They usually permit a much lower percentage of immediate upfront expensing (e.g. Obama allowed for 50% of the cost to be expensed immediately).

The Bipartisan Policy Center has a good write up on this if you're interested in learning more about it and how it's been used before.

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Category
Artificial Intelligence

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