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It is a rather attractive view, and I used to hold it too. However, seeing as Alphabet recently issued 100-year bonds to finance the AI CapEx bloat, means they are not that far off from the rest of the AI "YOLO"s currently jumping off the cliff ...

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They have over $100B in cash on hand. I can't pretend to understand their financial dealings, but they have a lot more runway before that cliff than most of the other companies.

If someone is willing to fund you with a 100y bond, and it gives you extra cash to move even a bit faster, it sounds like a pretty good deal.

One thing I don’t get though, if superintelligence is really 5 years away, what’s going to be the point of a fixed-interest 100y bond.

Motorola was I think the last company to issue a 100-year bond in the 90s. Whatever happened to Motorola?

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