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A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 1 week ago by to c/technology@lemmy.world
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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[–] 1 point 1 week ago (1 child)

It really doesn’t have to end that way. Those shithead rich who threw their money into this can just take the L, and not beg for a bailout.

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  • [–] 2 points 1 week ago (1 child)

    Yeah... Sure. Except that's not how capitalism actually works. See capitalism is just socialism for the rich.

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  • [–] 1 point 1 week ago (1 child)

    Ok… but we can take action to make sure they dont just get a bailout for being the failures that they are.

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