this post was submitted on 25 Jul 2026
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[–] arc99@lemmy.world 10 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

I really want one or more of these AI companies to fail hard. I think their only strategy is literally to burn through billions hoping it'll be another company that goes to the wall first and they'll somehow reap the rewards by hanging on longer.

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[–] Sam_Bass@lemmy.world 9 points 3 weeks ago

bet they woulda been fired even if ai was generously adopted

[–] Goldstafford@lemmy.zip 9 points 3 weeks ago

Good. Let em burn

[–] cyberpunk007@lemmy.ca 8 points 3 weeks ago (1 children)

I think I'm surprised they had that many employees

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[–] Kissaki@feddit.org 7 points 3 weeks ago* (last edited 3 weeks ago)

Sane regulation. You like to see it.

$7 billion required collateral. , $100 million annually, $15 billion

Oracle's argument of "this investment is worth $15 billion" is not only entirely besides the point, which the regulating government office rightfully refuses, but "'worth' in your state or city is entirely pointless if it incurs not that amount of local public gain but only public cost. It's a stupid, misleading argument.

I'm really interested in what that 21k employee loss mean in practice. In a hype-craze it's probably not sane restructuring and letting go of unneeded personal and inefficiencies, I assume.

[–] tutter@lemmy.blahaj.zone 5 points 3 weeks ago (1 children)

"The global race for dominance in artificial intelligence is turning into one of the most expensive and turbulent corporate competitions in history.

Tech giants Amazon, Microsoft, Alphabet, and Meta are expected to spend about $600 billion on AI infrastructure during 2026."

...

GODDAMMIT. I just realized they're speedrunning the creation of AM.

[–] eleitl@lemmy.zip 3 points 3 weeks ago (1 children)

But is it smart enough to turn to Darwin at the silicon or the molecular hardware layer, before the AI winter is here? Because it will be fimbulwinter this time.

[–] tutter@lemmy.blahaj.zone 3 points 3 weeks ago* (last edited 3 weeks ago)

Fuckin hopefully not dude, i don't wanna see am spring into existence. I still have a mouth to scream with and I'd prefer to keep

[–] WolvenSpectre@lemmy.ca 4 points 3 weeks ago
[–] AlteE@programming.dev 3 points 3 weeks ago

That is insane.

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