this post was submitted on 23 Jul 2026
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[–] Asafum@lemmy.world 14 points 3 hours ago (2 children)

The issue is that they became part of everyone's 401k so the bootlickers and greedy fucks in Congress will tell us they're 100% essential because if they fail you lose your retirement.

I hate this system... Redistribution of wealth for the rich, rugged individualism for the pleb.

[–] architect@thelemmy.club 1 points 33 minutes ago* (last edited 33 minutes ago)

The current retirement structure is gambling and exploiting labor. I’m sorry but it’s the only way to fix it. The people who bought into it need to suffer, too.

[–] moustachio@lemmy.world 6 points 3 hours ago (1 children)

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.

[–] Jaysyn@lemmy.world 8 points 2 hours ago (3 children)

There is a very good chance that Oracle doesn't survive if OpenAI tanks.

https://www.wheresyoured.at/how-openai-kills-oracle/

[–] cecilkorik@piefed.ca 3 points 1 hour ago

So you're telling me AI is going to bring positive change to the world?!

[–] DarkCloud@lemmy.world 10 points 2 hours ago* (last edited 2 hours ago)

I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.

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

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.