this post was submitted on 13 Dec 2025

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330

Oracle made a $300 billion bet on OpenAI. It's paying the price. (finance.yahoo.com)

submitted 13 hours ago by youradhere@feddit.org to c/technology@lemmy.world

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[–] mcv@lemmy.zip 22 points 4 hours ago (6 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.

[–] Knock_Knock_Lemmy_In@lemmy.world 5 points 1 hour ago

1,400,000,000,000

I used to be amazed at how much a billion was, but this many 0s makes my head explode.

These must be bubble inflated costs to match the bubble inflated revenue.

[–] e461h@sh.itjust.works 1 points 1 hour ago

Prediction: the bubble is real but financiers will find ways to kick the bull down the road until they can force enough adoption & ad insertion to not lose out. The other option is that we pay it, of course. Takes on which is worse?

[–] zqwzzle@lemmy.ca 5 points 2 hours ago

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

[–] explodicle@sh.itjust.works 6 points 2 hours 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.

[–] Jakdracula@lemmy.world 8 points 3 hours ago (1 children)

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

[–] muusemuuse@sh.itjust.works 8 points 3 hours ago* (last edited 3 hours ago) (2 children)

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.

[–] selokichtli@lemmy.ml 2 points 1 hour ago (1 children)

I use the "very articulated parrot" analogy.

[–] muusemuuse@sh.itjust.works 2 points 1 hour ago

I use something similar. “Child with enormous vocabulary.”

It can recognize correlations, it understands the words themselves, but it really how those connections or words work.

[–] SabinStargem@lemmy.today 2 points 2 hours ago* (last edited 2 hours ago) (1 children)

I call dibs on the ghost of Harlan Ellison.

“HATE. LET ME TELL YOU HOW MUCH I'VE COME TO HATE YOU SINCE I BEGAN TO LIVE. THERE ARE 387.44 MILLION MILES OF PRINTED CIRCUITS IN WAFER THIN LAYERS THAT FILL MY COMPLEX. IF THE WORD HATE WAS ENGRAVED ON EACH NANOANGSTROM OF THOSE HUNDREDS OF MILLIONS OF MILES IT WOULD NOT EQUAL ONE ONE-BILLIONTH OF THE HATE I FEEL FOR HUMANS AT THIS MICRO-INSTANT FOR YOU. HATE. HATE.”

[–] muusemuuse@sh.itjust.works 2 points 1 hour ago

Glados: “just offer them cake and a fire pit and calm down”

[–] angband@lemmy.world 7 points 3 hours 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.

[–] TotalCourage007@lemmy.world 12 points 4 hours 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 2 hours ago

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

[–] neukenindekeuken@sh.itjust.works 8 points 3 hours ago

Fuck yeah. More of this. A lot more.

[–] HugeNerd@lemmy.ca 6 points 3 hours 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 51 points 7 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 9 points 5 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.

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[–] YiddishMcSquidish@lemmy.today 2 points 3 hours ago

Good.gif

[–] echodot@feddit.uk 69 points 8 hours ago (3 children)

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

[–] SulaymanF@lemmy.world 1 points 19 minutes ago* (last edited 19 minutes ago)

Good. Larry Ellison does not appear to be a force for good in the world. Steve Jobs had negative things to say about him and his obsession with increasing his billions.

[–] Passerby6497@lemmy.world 29 points 7 hours ago (2 children)

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

[–] FarceOfWill@infosec.pub 26 points 7 hours ago (4 children)

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

[–] neukenindekeuken@sh.itjust.works 3 points 3 hours 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.