He literally owns one of the Hawaiian islands
this post was submitted on 04 Aug 2026
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Fuck AI
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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ORACLE = One Rich Asshole Called Larry Ellison
On the morning of September 10, 2025, Larry Ellison was the richest man alive. … his net worth cresting at $393 billion. He was eighty-one years old
Dude. Why can't he just retire and enjoy the rest of his life with all of his stacks of money? He could spend $50m a day for the next 20 years and still have money left over. Why does he need more?
The only way to have that much wealth is to be insane. You can’t reason with these creatures, whose minds and motives are so alien, because they don’t “think” or “reason” the way you do. Their decisions are simultaneously algorithmic and aberrant. Their eyes are blank, their smiles and faces plastic (often literally).
There’s no one home.
Fuck, fuck, fuck, fuck, fu...
Then there is CoreWeave, the cleanest loop in the pile. Nvidia holds an equity stake in CoreWeave that it has kept topping up. CoreWeave raises debt collateralized by the GPUs themselves and spends the majority of everything it raises buying Nvidia hardware. And Nvidia has agreed, per CoreWeave‘s 8-K, to buy back $6.3 billion of whatever capacity CoreWeave fails to sell, through April 2032. Vendor, investor, and buyer of last resort: one company, all three seats. And who rents the capacity? Microsoft alone accounted for about two-thirds of CoreWeave‘s revenue — the same Microsoft that owns 27 percent of OpenAI, which holds its own $11.9 billion CoreWeave contract. Four companies, and every dollar visits all four before it rests.
Senator Elizabeth Warren, in a formal letter to Sam Altman demanding answers about the spending commitments, wrote that OpenAI “appears to be privatizing profits while seeking ways to let the public defray the costs of any potential failures of its business strategy.”
For scale: Enron‘s entire final-year revenue was about $100 billion; the Oracle–OpenAI contract alone is three times that. Enron‘s peak market value was roughly $70 billion; Nvidia‘s is five trillion. The Bank for International Settlements — an institution constitutionally incapable of hyperbole — compared the AI buildout to canal mania, railway mania, and the dot-com bubble, and observed that “these episodes ended with an eventual reversal in investment, inducing economy-wide recessions.”
I found this article very interesting; the author is shorting on Oracle and makes that clear. But they give a convincing and cogent argument about the severity of the AI bubble and where it's going, with links to interesting news stories and opinion pieces throughout.
The circular flow of cash between AI companies, and the Enron style revenue inflation is laid out in a clear way. It's scary that such crazy behaviour is going on in the markets, and it seems the markets are catching on.
Oh Larry
Lookin' scary
Typical villainous billionaire
Got a stare that scares 'Care Bears' into fuzzy little balls of despair
Why can't the greedy and worthless self immolate?
'Prolly because they too busy watchin' immigrants weave whips for them to self-flagellate