BREAKING! Tech companies like Oracle bet recklessly on AI and now they're suffering disastrous financial losses!(((Larry Ellison))) has lost a staggering $230 BILLION since September.When they AI bubble pops, the Trump pedophile regime will socialise the losses and force U.S. taxpayers to pay for the bailouts.>But what hasn’t received nearly as much attention is another important development, the downgrading of Oracle debt. It now stands just one notch above junk bond status. That happened on July 9, when S&P Global said that Oracle’s finances had been deteriorating.>Oracle has also been hit hard in the stock market, reducing the value of Larry Ellison’s holdings since September by about $230 billion, according to my calculations based on FactSet data.>What has damaged Oracle’s debt rating and disturbed its finances is the elephant stomping throughout financial markets: colossal spending on artificial intelligence.https://archive.is/OhvfS
snailcats do nothing, win
>>539115681As an Indian living in Argentina, this anti-Indian hatred from wh*te people, Black and Spic people have to stop once in for all, we are just humans being trying to do better every day, we have our fair shared of good and bad ones inside of us, like any groupStop hating us, or suffer our hatred.
>>539115681https://youtube.com/shorts/_VpV8u-nX-w
>>539115911>we have our fair shared of good and bad ones inside of us, like any groupThis is always the most disingenuous, hilarious cope. You guys cannot dispose of garbage or sewage and are fleeing your own collective civilization to grift off the white world.
>>539115681Maybe Larry will be on his best behavior from now on?
>>539115681Everything is run on borrowed money thoUSD is literal debt notes
>>539115681>When they AI bubble popsThere isn't an AI bubble. There is a bubble of meme AI startups. But none of the major tech companies will fail, AI technology itself isn't going away, and will instead become more pervasive in everyone's life. Also, they are going to build a datacenter near you and there's nothing you can do about it.
>>539116457It is OVER. Right fellow 4chan anon? I think you forgot to add that one to your post.
>>539115681The economy is running on tech bubbles kek real capitalism hasn’t been tried right goyim
>>539115681Edward Bernays, the "father of public relations", pioneered the use of mass psychological manipulation for corporate and political gain. By combining his uncle Sigmund Freud's psychoanalytic theories with group psychology, Bernays engineered consent and manufactured mass hysteria to change behaviors, famously convincing women to smoke in public as "Torches of Freedom". By framing the cigarette as a phallic symbol of male power, he successfully broke the social stigma against women smoking in public and tapped into a massive untapped demographic for the tobacco industry.
>>539115846Cute
That's literally why it's a scam yes, huge costs, small profits
>>539115681>Be investment kike>Buy up all the public utilities with freshly printed dollarinos to build datacenters>Whoops! Don't have enough money to build the datacenters>Still own all the public utilities>Shut the power off and poison the water supply for goyim who complain too much
>>539116457I guess I'll just bend over and take the AI butt probe
>>539115681Boomers don’t know anything about tech and are chasing tech stocks like they do. We saw this with them back in the 90s during the original dotcom bust.
>>539116457>none of the major tech companies will failof course not, they'll get bailouts as "critical infrastructure", except unlike utilities of old, their profits aren't capped>AI technology itself isn't going awaycorrect>Also, they are going to build a datacenter near you and there's nothing you can do about it.also sadly correct."AI" is much like immigration (legal and illegal), you don't want it, it hurts your employment opportunities and raises your cost of living. But it benefits the billionaire ownership class, so you're told you are all sorts of nasty things for opposing it. I'll leave it to the readers here to figure out what you need to actually do.
>>539115681oy vey just two more trilly and they'll make a profit
>>539115681Thank you Mr. Zitron for your daily reminder that AI sucks.
>>539115681>AI! AI! ALSO DRUUUUUMPPPFFF!get a fucking grip you retard niggers
>>539116457People who don’t like AI are a subspecies being influenced by foreign actors.
