Larry Ellison can fuck off while we're at it, the meddling technofascist bastard. Hope he loses everything!
this post was submitted on 13 Dec 2025
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I'm as atheistic as they come but I'll maybe ask a demiurge for that to happen.
Can we do away with trillion dollar companies already,. please? They're not doing anything good for anyone, it always ends with some CEO's and shareholders enriching themselves over the backs of others
No company should ba r a worth of more than a billion dollars
No single person should have a net worth of over 10 million
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Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries' entire GDP (Australia)
The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.
While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.
Which is it: AI (and other automation) will replace jobs, or there aren't enough people to work all the jobs?
Hedging their bets. They're only capable of being sure of the future as the next person, which isn't very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.
Oh I know what they're doing. I just don't give a shit and will point out how ridiculous their sense of entitlement is.
No one is owed another human being.
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Financial engineering, and they are one of the biggest producers of computer hardware for a long time. There's more business and personal consumers than ever. Everyone's getting online now, and the AI purchasing frenzy is helping a lot.
probably borrowing from large banks, selling shares, or bonds, or offering something as COLLATERAL.
And ripping off their customers.
Well, it's called One Rich Asshole Called Larry Ellison, after all... 🤷♂️
trying to buy WB, so he can turn CNN into a fox clone. of course with the help of the SAUDIs.
Funny thing is, CNN has been a Fox clone for a few years now.
Any combination of:
- Issue new shares and sell them
- Issue corporate bonds and sell them
- Borrow money from banks
OpenAI’s mounting costs — set to hit $1.4 trillion
Sorry, but WTF!? $1.4 Trillion in costs? How are they going to make all of that back with just AI?
I think there's only one way they can make this back: if AI gets so good they can really replace most employees.
I don't think it will happen, but either way it's going to be an economic disaster. Either the most valuable companies in the world, offering services that the next couple of hundred companies in the world depend on, are suddenly bankrupt. Or suddenly everybody is unemployed.
How are they going to make all of that back with just AI?
Government bailouts is how.
Socialism for the rich, dog-eat-dog capitalism for everyone else.
its a ponzi scheme.
1,400,000,000,000
I used to be amazed at how much a billion was, but this many 0s makes my head explode.
These must be bubble inflated costs to match the bubble inflated revenue.
One million seconds is 11.5 days, one billion seconds is 31.7 years, and one telling seconds is 31,700 years.
If LLMs fail and they invested: bailout
If LLMs succeed and they invested: rich
If LLMs fail and they passed: everyone else bailed out
If LLMs succeed and they passed: out of business
Therefore, the logical choice for a business is to invest in LLMs. The only mechanism to not do the stupid thing that everyone else is doing is gone.
that assumes every business which invests in AI would be bailed out, which is a huge assumption. I would guess the only businesses that would receive bailouts would be those with personal ties to the government
How is a haunted typewriter supposed to replace all those employees?
holy cow haunted typewriter is punching way above its weight class. Phenomenal.
I’ve tried explaining AI to people before and only could get so far before they fall back on “but it’s magic dude” but I love the idea of explaining it as a haunted typewriter.
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Prediction: the bubble is real but financiers will find ways to kick the bull down the road until they can force enough adoption & ad insertion to not lose out. The other option is that we pay it, of course. Takes on which is worse?
They'll do both just like they did in 2007/2008. These AI companies and their investors will get bailed out while the rest of us lose our jobs and have to move back in with our parents in the van they already live in.
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Oh good. AI is collapsing and it's taking Oracle with it.
Me, watching my company pivot to their cloud infrastructure: haha, I'm in danger
I understand why people keep using oracle, but i have never understood why anyone starts.
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Can’t wait. Payback for Sun, for Java…
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Couldn't have happened to a worse company! Hope it hurts even worse later on and fractures the Execucultist's will to shill AI further. 😈
300 billion on OpenAI? Why? LLMs in general are trash, but ChatGPT isn't even the best LLM
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Personally, I am eyeballs deep in this industry and even I’m now hoping to see it all burn to the ground. I’ve already concluded that I’ll never make it to retirement in my field, probably because of automation. Fuck ‘em all.
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Do y'all think investors will wake up and realize that techbros are a bunch of fraudster scammers? Oracle deserves bankruptcy for being stupid with money. All my homies hate the AI-Bubble.
Bro even the way journalists talk about AI like it being a bet couldn't be more obvious that it's all a scam. If this AI-Bubble is profitable where are the actual god damn profits.
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If they kill oracle, will that kill the last Unix after IBM stole the parent OS of Solaris and put it into Novell's oubliette to reduce competition?
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I wonder .. will it be another case of "Too Big To Fail" .. or will it be .. "Let The Market Decide"?
I'm guessing the answer depends on how many medals the CEO of Oracle can bestow upon the Orange.
Me .. cynical .. no .. just been here for a while.
OpenAI CEO Sam Altman declared a “code red” last week as the upstart faces greater rivalry from Google, threatening its ability to monetize its AI products and meet its ambitious revenue targets.
Interesting that even Sam Altman is worried now!
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.
Seems to me a problem for the sky high profits could be that it is hard to make AI lock in, like is popular with much software and cloud services. But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
It's nice that it will probably be impossible for 1 company to monopolize AI, like Microsoft did with operating systems for decades.
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