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A.I. Is Running on Borrowed Money (www.nytimes.com)

submitted 3 months ago by Some_Emo_Chick@lemmy.world to c/technology@lemmy.world

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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[–] LifeLikeLady@lemmy.world 2 points 3 months ago (3 children)

Yeah... Sure. Except that's not how capitalism actually works. See capitalism is just socialism for the rich.

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