this post was submitted on 07 Mar 2026
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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[–] ieGod@lemmy.zip 0 points 1 day ago (1 children)

“Think of the shareholder value of firing all these people!”

This is of course problematic, but not directly the fault of the technology itself. The entire system is problematic, but that's a digression from the effectiveness of the tech doing the job.

And the instances I'm talking about were running the ai stack and employee teams in parallel for nearly a year. The replacement wasn't a "yeah let's try this... whoops that didn't work". It was a tried and tested approach, and the employees made redundant (in the capability sense, not the firing sense, which followed afterwards).

[–] CileTheSane@lemmy.ca 4 points 1 day ago

And I give it less then a year before the "oh shit, we really should have human's overseeing this" hits