Post #4060300

Much of the United States economy is now based on A.I. — or, more specifically, expectations that A.I. will pay off very big in the near future. A.I.-related stocks have accounted for roughly half of the rise in the S&P 500 this year. And U.S. economic growth is dependent to a remarkable degree on A.I. infrastructure spending. But it’s becoming a house of cards. …The lead is based on colossal spending on data centers, especially by Oracle, Alphabet, Microsoft, Amazon, and Meta. A stumble by any one of them would spill over to the rest of the economy. is it Oracle? it's going to be Oracle, isn't it. come on Oracle, die and pop the bubble, make the people happy Oracle :02yay: "AI bet goes awry: Oracle fires 21,000 employees, then hit a $7 billion power hurdle" https://www.msn.com/en-us/money/news/ai-spending-spree-hits-600b-as-oracle-fires-21000-employees-to-fund-boom/ar-AA28vWuD "Oracle’s Worst Stock Crash in 25 Years" "Has Cost Larry Ellison $213 Billion in 10 Months" https://finance.yahoo.com/markets/stocks/articles/oracle-worst-stock-crash-25-113002772.html "In short, Oracle's 65% decline is historic, but the stock's future depends less on its past and more on whether its AI investments produce durable cash flow" ahahahahahh :pinkgirl_laugh: