Post #4050368
2026-07-24 00:54 UTC
The AI apocalypse has started, buckle up.
Oracle lays off 21.000 workers.
https://www.reuters.com/business/world-at-work/oracle-workforce-shrinks-by-about-13-2026-06-22/
Google just had it's first negative cash flow quarter ever, due to massive AI spending.
https://arstechnica.com/google/2026/07/google-just-had-its-first-negative-cash-flow-quarter-ever-due-to-massive-ai-spending/
Replies (2)
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@dreamer@mastodon.world 2026-07-24 01:00
@drwhax@infosec.exchange Oracle is mostly sales and marketing people anyway.
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@ErikJonker@mastodon.social 2026-07-24 07:46
@drwhax@infosec.exchange ...no apocalypse , just some companies going bankrupt, stockmarket crashing, after that AI just goes on...the models remain, the datacenters are there, applications remain etc. Everything will be a bit more rational however ( i hope)