Wonder how many of these ai companies will be “too big to fail” and bailed out by governments, once the bubble bursts
I hope they all go bankrupt. This is gambling addiction at it's highest peak. And the higher the peak, the thinner the oxygen.
As a result, Oracle is now required to provide cash collateral or a letter of credit in the astronomical sum of over $7 billion just to connect the building to the power grid, a setup whose ongoing maintenance will cost the company more than $100 million annually.
It's been positively infuriating to watch government bodies bend every fucking law for these companies at the expense of their constituents. I am glad that Wisconsin is telling them to put up or shut up.
These companies are cannibalizing themselves to pump money into provably unreliable technology.
Ouroboros devours itself not because it wants to.
The end goal is obviously not money. At least not in currency and economy as we currently know it. Rather the individual fiat bearers for the cost of existence for everyone.
I’m glad I’m not the only one who sees the true grift
To be clear, "boom" in this context is the original, dynamite generated sound?
I'm into it.
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