this post was submitted on 17 Jul 2026
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153
A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 7 hours ago by Some_Emo_Chick@lemmy.world to c/technology@lemmy.world
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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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[–] cecilkorik@lemmy.ca 6 points 4 hours ago* (last edited 4 hours ago)

Or is it money that has now been turned into fictional non-existent money, because it was stolen from our own future, where it was previously being held (we thought) safely in trust for us. They're stealing the money from us. From our taxes, from our government funds and institutions, from our pensions. It's our money. At least it nominally was, before all this happened. We're being looted. The robbers are in our vault, they are packing our money into bags labelled "AI" as we speak.