this post was submitted on 06 May 2026
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[–] boogiebored@lemmy.world 9 points 1 day ago (2 children)
[–] ThomasWilliams@lemmy.world 8 points 22 hours ago

On credit.

They only have to raise enough to pay off this month's installment, the money Google gave them should cover that.

[–] PushButton@lemmy.world 12 points 1 day ago (3 children)

Probably with the money Google gave them...

You can't make this up...

[–] Buddahriffic@lemmy.world 2 points 14 hours ago

Hmm this is reminding me of something... Something that happened during the lead up to an event that happened about 25 years ago...

[–] gergolippai@lemmy.world 8 points 23 hours ago

in unrelated news, US GDP just went up 400bn dollars

[–] boogiebored@lemmy.world 5 points 1 day ago

or amazon gave them which amazon got from google

[–] ChetManly@lemmy.world 55 points 1 day ago (1 children)

This circular finance shit should be illegal.

[–] baggachipz@sh.itjust.works 16 points 1 day ago (1 children)

Normally it would be, but ya know….

[–] NatakuNox@lemmy.world 7 points 1 day ago (1 children)

If only we were allowed to do this. I'd hand you $10 then you hand me $10, $20 of sales was just made! Capitalism baby! Imaginary line must go up!

[–] anomnom@sh.itjust.works 1 points 17 hours ago (1 children)

You both get taxed on the $10 income unless you can write off the $10 you gave each other as a business expense.

[–] NatakuNox@lemmy.world 2 points 15 hours ago* (last edited 15 hours ago)

Yup. We already filed our taxes for 2026, zero in profits of course. wink We're getting a bailout to keep the doors open, but we're going to layoff 50% of our staff anyway. Also, both CEOs will be getting a raise equal to the laid off employees pay. But that's just a standard practice for them being such hard workers.

[–] ParlimentOfDoom@piefed.zip 8 points 1 day ago (1 children)

That's 1/3 the market cap of Intel... How many fucking chips are they buying?

[–] ivanafterall@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

They must be buying the Party Size bags in all the fanciest flavors.

[–] fox2263@lemmy.world 11 points 1 day ago (1 children)
[–] ExLisper@lemmy.curiana.net 14 points 1 day ago

Google will invest in it.

[–] NatakuNox@lemmy.world 21 points 1 day ago

And this is why the stock market is doing well. Ai companies are exchanging money to show sales and uses even tho it's all just musical chairs

[–] givesomefucks@lemmy.world 40 points 1 day ago (1 children)

It's all a giant circle jerk where they just hand money to each other.

People always think it's just the same briefcase being passed around, but it's not.

Because what's really happening is they all own stock in AI, and if AI crashes then that stick is worthless. And because they took loans out on that stock to buy more stock, it could domino into a lot of the world's richest people, just suddenly going broke...

As normal people invest their pennies, it just pushed the stock price higher and higher. But it's still not creating wealth, just transferring it to the wealthy who already have 99.999% of the stock

[–] NekoKoneko@lemmy.world 12 points 1 day ago (1 children)

Yup, these are not investments; they're not even bets that AI will continue. No, they are self-fulfilling prophecies of AI's relevance.

In the end there has to be an economic backstop for reality. It's either third party vendors that aren't part of the hyperscaler cabal, or employee payroll. We're already seeing layoffs which reflect AI financial tie-ups rather than efficiency gains.

But those two are where I'm hoping eventually we see missed payments as an early canary in the mine. But it'll probably be a long time, too much money is at stake now for them to give up until they're actually broke.

[–] givesomefucks@lemmy.world 5 points 1 day ago* (last edited 1 day ago) (1 children)

It's incredibly easy to fix tho...

A progressive federal government can seize their domestic bank accounts, can seize all their stocks in the world's largest stock exchange, they can seize land/property, they can sanction specific overseas accounts or just every small country who has "hiding money" as their main economy.

That's all shit a government can do

And we're pretty fucking close to it, closer than we've been since FDR.

The billionaires know this, and that's why there's a massive push to make people give up on the DNC, and there will be thru the presidential election.

As Dougie Houser MD once said:

https://www.youtube.com/watch?v=rFFlOn4VXww

[–] mokey@therock.fraggle-rock.org 1 points 1 day ago (1 children)

Or we could just seize all means of production and be those with this shit once and for all.

[–] givesomefucks@lemmy.world 2 points 1 day ago

Buddy...

What about "take all their shit", wouldn't include the means of production?

[–] londos@lemmy.world 12 points 1 day ago

I'll never forget the time Gueseppi needed investment in his AI. And I needed investment in my AI. So we invested in each other's AI at the same time. Can you imagine that, me investing in his AI, while he invested in mine? What year was that...?

[–] bitteroldcoot@piefed.social 26 points 1 day ago (1 children)
[–] XLE@piefed.social 6 points 1 day ago (1 children)

Maybe Google will finish planning to invest after Anthropic follows through on its gentleman's agreement to start giving them $40b a year for the next 5 years...

(If two companies agree to give each other $40 billion at the same time and no money changes hands, do they enrich each other?)

Yeah but the GDP grows by 80Bn

[–] luthis@lemmy.nz 7 points 1 day ago

So that means they can pay the fines for pirating all the source material right?

[–] limonfiesta@lemmy.world 19 points 1 day ago* (last edited 1 day ago) (1 children)

Oh yeah?

And when will this deal be be finalized?

Because pushing a press release to juice the markets is a lot different than Anthropic actually finding $200 billion in their office couch cushions.

[–] HertzDentalBar@lemmy.blahaj.zone 2 points 15 hours ago

It's just a circle jerk, anthropic says 200B but that's not "here's 200b" it's "here's today's payment" the 40b Google gave them will cover payments but will drive the line up as that's not 240b in economic fuckery even though none of its real

[–] medem@lemmy.wtf 9 points 1 day ago

Um. What? Are those 'billions' with a 'b'? As in...a fifth of a trillion ?

[–] Th4tGuyII@fedia.io 11 points 1 day ago (1 children)

This game is so circular as to be ridiculous... Who's actually making money if everyone's just passing the same billions of dollars around and around?? At some point something's gotta give.

[–] agentTeiko@piefed.social 8 points 1 day ago

Its like the silver coin bubble of the 80s. Running the same scam. Get a coin rated sell it to your buddy for a million dollars. Get headlines of coin sold for a million dollars. Then marks start rushing to get coins and more importantly get them graded and that's how they extract wealth from the economy.

[–] melsaskca@lemmy.ca 4 points 1 day ago

Those "billions" and "trillions" numbers being bandied about lately are meaningless.

[–] TheGiantKorean@lemmy.today 3 points 1 day ago (2 children)

This seems like a circle jerk, but with everyone involved it's less of a double circularly linked list and more of a map. A map jerk.

The whole US economy is just 4 robots jerking each other off and handing the same $20 bill back and forth

[–] discocactus@lemmy.world 4 points 1 day ago (1 children)

More of a middle out jerk. It's more efficient.

[–] TheGiantKorean@lemmy.today 1 points 1 day ago* (last edited 1 day ago)

I think something we didn't consider is that a node can only link to two other nodes. Because two hands. And a node can only be linked to by another node, because one penis.

That’s a lot of potatoes and moisture.