this post was submitted on 07 Mar 2026
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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[–] 7101334@lemmy.world 20 points 8 hours ago* (last edited 8 hours ago) (1 children)

It's gonna suck for the working class WAAAAAAAAAAAAAAAAY more than the people who will lose their fortunes as a result of the bubble popping

sorry

it always does

Michael Saylor, one of the biggest owners of one of the other "doesnt actually do anything" bubbles - Bitcoin - is a great example. He made a fortune during the dot com bubble.

With that said, if I have to eat hard tack and canned beans and use leftover charcoal from the park BBQ grills instead of toothpaste in order to never have another AI bullshit feature shoehorned into my existence, it might be worth it

[–] sveltecider@lemmy.ca 7 points 8 hours ago (1 children)

Yes, I am well aware that we live under capitalism.

[–] 7101334@lemmy.world 5 points 8 hours ago

The big bubble. May it pop before we do.