this post was submitted on 13 Dec 2025
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283
Oracle made a $300 billion bet on OpenAI. It's paying the price. (finance.yahoo.com)
submitted 10 hours ago by youradhere@feddit.org to c/technology@lemmy.world
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[–] mcv@lemmy.zip 12 points 1 hour ago (4 children)

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.

[–] zqwzzle@lemmy.ca 1 points 3 minutes ago

Ok but if it gets so good it replaces all the employees, how do people have enough money to pay for their services?

[–] Jakdracula@lemmy.world 4 points 49 minutes ago (1 children)

How is a haunted typewriter supposed to replace all those employees?

[–] muusemuuse@sh.itjust.works 3 points 38 minutes ago* (last edited 38 minutes ago)

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.

[–] angband@lemmy.world 6 points 1 hour ago

that's what they got excited about, no doubt. profit would go through the roof if they could take people out of the loop. nevermind the economy.

[–] explodicle@sh.itjust.works 1 points 16 minutes ago

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.

[–] TotalCourage007@lemmy.world 8 points 1 hour ago (1 children)

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.

[–] The_Vampire@lemmy.world 1 points 3 minutes ago

I imagine there's quite a few who believe it a fraud but want to profit anyway.

[–] neukenindekeuken@sh.itjust.works 5 points 1 hour ago

Fuck yeah. More of this. A lot more.

[–] YiddishMcSquidish@lemmy.today 2 points 1 hour ago

Good.gif

[–] HugeNerd@lemmy.ca 2 points 1 hour ago

The sheer amount of AI slop shorts on YouTube must be generating entire dollars in revenue by now. Who isn't entertained and eagerly awaiting the next five million videos of the same scenario over and over again?

[–] xenomor@lemmy.world 42 points 4 hours ago (6 children)

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.

[–] xartle@reddthat.com 8 points 3 hours ago

Same for me... It's depressing. And I no faith the government will do anything besides make it worse. If we're lucky we'll get the Expanse 's version of basic.

[–] Sine_Fine_Belli@lemmy.world 2 points 2 hours ago

Yeah, same here honestly. I’m sick of the ai cringe fest and the egotistical tech bros being so annoying and full of themselves and being arrogant. The tech bros are insufferable

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[–] echodot@feddit.uk 58 points 6 hours ago (2 children)

Oh good. AI is collapsing and it's taking Oracle with it.

[–] Passerby6497@lemmy.world 22 points 5 hours ago (2 children)

Me, watching my company pivot to their cloud infrastructure: haha, I'm in danger

[–] mcv@lemmy.zip 2 points 1 hour ago

I've been telling my employer that they should be moving away from the Microsoft cloud for a whole bunch of reasons. Someone said they're aware of it, so with the speed stuff here is moving, we might actually move to something else in 10 years.

But personally I wouldn't lose any sleep if the whole bubble collapsed next year.

[–] FarceOfWill@infosec.pub 21 points 4 hours ago (3 children)

I understand why people keep using oracle, but i have never understood why anyone starts.

[–] neukenindekeuken@sh.itjust.works 3 points 1 hour ago

Because they have a series of ERP systems and services that some idiot CTO at the company looks at and goes: Yes, give me one of those.

Then once you're on that, you get pulled into more and more Oracle ecosystem shit and you think some day you'll have control and be able to get out. But you never do.

Oracle is like the loanshark of the tech industry.

Once you're in, you're in for life. Good fucking luck getting out.

[–] Passerby6497@lemmy.world 7 points 4 hours ago (1 children)

Because their data centers are run by clowns, and going to the circus is an improvement

[–] echodot@feddit.uk 1 points 27 minutes ago

It's the only way to get a pay rise. You have to work with the idiots or they don't give you any money.

The problem is the people in charge are not the people that should be in charge. I suppose it's my fault for not getting an MBA.

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[–] m33@lemmy.zip 21 points 6 hours ago

Can’t wait. Payback for Sun, for Java…

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