sanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours agoFive Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debtwww.yahoo.comexternal-linkmessage-square66fedilinkarrow-up1528arrow-down14
arrow-up1524arrow-down1external-linkFive Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debtwww.yahoo.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours agomessage-square66fedilink
minus-squaremoustachio@lemmy.worldlinkfedilinkEnglisharrow-up11·15 hours agoThey aren’t even public companies yet. They are not a part of everyone’s 401ks. MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.
minus-squareJaysyn@lemmy.worldlinkfedilinkEnglisharrow-up18arrow-down2·15 hours agoThere is a very good chance that Oracle doesn’t survive if OpenAI tanks. https://www.wheresyoured.at/how-openai-kills-oracle/
minus-squareDarkCloud@lemmy.worldlinkfedilinkEnglisharrow-up14·edit-214 hours agoI hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.
minus-square4am@lemmy.ziplinkfedilinkEnglisharrow-up8·11 hours agoLarry Ellison is an even bigger son of a bitch than your standard Israel funder. Not just content with supporting a genocide, he wants to control all media and human behavior. Not even to protect his collaborators, but because there’s money in it. Larry Ellison belongs in prison.
minus-squarececilkorik@piefed.calinkfedilinkEnglisharrow-up6·13 hours agoSo you’re telling me AI is going to bring positive change to the world?!
minus-squaremoustachio@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·14 hours agoOkay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.
They aren’t even public companies yet. They are not a part of everyone’s 401ks.
MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.
There is a very good chance that Oracle doesn’t survive if OpenAI tanks.
https://www.wheresyoured.at/how-openai-kills-oracle/
I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.
Larry Ellison is an even bigger son of a bitch than your standard Israel funder.
Not just content with supporting a genocide, he wants to control all media and human behavior.
Not even to protect his collaborators, but because there’s money in it.
Larry Ellison belongs in prison.
So you’re telling me AI is going to bring positive change to the world?!
Okay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.