Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price.
UltraGiGaGigantic@lemmy.ml 2 days agoThe 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.
It’s not that. Nobody really expects to achieve firm satisfactory result in something never done before, to justify the risk.
It’s a bubble. That they found money to make such an input into inflating it just means the outcome of said bubble bursting is this good for them.
I’m interested what exactly will happen when it bursts. A dictatorship, or a blitzkrieg against half of the world, or what else.
Governments realising billionnaires tried to scam them, and actually properly lashing out against fascist oligarchs, is what I hope.
they get eaten by a hungry mob of people while hiding in a bunker?
Surely they have some explanation how that doesn’t happen, otherwise they are making strange plans.
mmmm the touch of money and privilege really numbs the senses.
EndlessNightmare@reddthat.com 2 days ago
While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.
Which is it: AI (and other automation) will replace jobs, or there aren’t enough people to work all the jobs?
tlmcleod@lemmy.dbzer0.com 2 days ago
Hedging their bets. They’re only capable of being sure of the future as the next person, which isn’t very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.
EndlessNightmare@reddthat.com 2 days ago
Oh I know what they’re doing. I just don’t give a shit and will point out how ridiculous their entitlement is. No one is owed another human being.
TronBronson@lemmy.world 1 day ago
clutches pearls “Muh factornios!!!”
Prior_Industry@lemmy.world 1 day ago
It’s even better for them to have extra workers for too few jobs as it drives the wage of those remaining down. Dark stuff really.