Original link: Michael Burry Warns MSFT, GOOG, META Are Using 'Sinister' Accounting To Hide AI Costs, Inflate Profits By 20% / Yahoo Finance.
The claim is not new. But I think they have a point - expecting AI GPU's to have an effective lifetime of 4 years is unrealistic - 2.5 years is more realistic. Reducing effective lifetime of GPU chips increases depreciation and decreases profit.