this post was submitted on 17 Jul 2026
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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[–] magnue@lemmy.world 39 points 6 hours ago (3 children)

The entire world is running on borrowed money

[–] Valmond@lemmy.dbzer0.com 3 points 5 hours ago* (last edited 5 hours ago) (1 children)

Which means someone is out there collecting the interest cost of all that magic money...

Guess who it is!

[–] Gregers@lemmy.world 5 points 5 hours ago (1 children)

Satan. Capitalisms biggest fan, next to right wing christians

[–] No_Eponym@lemmy.ca 3 points 4 hours ago (1 children)

Hey, Satan got shafted. They asked some questions about the status quo, felt the hereditary monarchy was unfair, led a popular protest, and got exiled as a result. No more anti-Satan Jehovan propoganda.

[–] Gregers@lemmy.world 2 points 1 hour ago

Depends on if you look at the character from a Christian point of view, or as an outsider. Because from a objective point of view, he looks like the good guy in the bible. I was just telling my point from their point of view

[–] DickFiasco@sh.itjust.works 2 points 5 hours ago

Yeah, that title doesn't make any sense. Do they mean AI companies are moving from equity to debt financing? I can't get to the article (paywalled).

[–] frongt@lemmy.zip -1 points 6 hours ago (1 children)

Credit is a huge part of the advancement of civilization. The "one treat now vs. five treats later" test is used as a measure of intelligence for a reason.

[–] cecilkorik@lemmy.ca 8 points 4 hours ago

It's used as a test of basic intelligence, but it's also seriously incomplete and maybe a test of more advanced intelligence would be to have someone explain at least some of the many ways in which it's incomplete.

If I told you to let me have your 5 treats later so that I can turn them into more treats than there are particles in the entire universe and I'll give you half, you should probably call bullshit on that.

If I'm starving to death and I'm not going to survive until however much "later" is unless I eat one of those treats right now, then choosing "five treats later" would actually be the wrong choice.

This is not always a clear choice, either. The test is interesting, and it tells you a lot about how certain people think, but it isn't universal, and it doesn't actually prove anything. You need to understand and interpret why the answer makes sense in each context. And the context is always changing. We live on a changing planet. It is time to start thinking about how the context of "5 treats later" might have changed, and whether we are going to survive until whenever "later" is, and whether it is actually physically possible to provide all of those 5 treats in the hypothetical future that we are imagining.