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[–] 27 points 8 months ago (7 children)

The AI bubble is getting ready to burst.

The desperation here lmao

As part of its strategy, Oracle has begun requiring clients to help build infrastructure, per the CIO report, citing TD Cowen. This effectively translates to asking clients to shoulder part of the cost, according to the investment bank.

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  • [–] 8 points 8 months ago (6 children)

    It is also exploring an arrangement called “bring your own chip” (BYOC), where new customers will be required to supply their own hardware, shifting capital requirements off Oracle’s books.

    Does anyone else do this? I could see a smaller data center needing it, but hardware management is something I thought was a perk of going with a huge company

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  • [–] 4 points 8 months ago (3 children)

    I think they usually just refer to this as on premise management? Like, its your server but an outside company manages everything for you

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  • [–] 1 point 8 months ago (2 children)
  • [–] 4 points 8 months ago (1 child)

    Leave it to Oracle to advertise it as something completely new and innovative.

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  • [–] 3 points 8 months ago

    I didn't look into it in detail, but might this be more specific to RAM/video cards? With costs of those components skyrocketing, whoever is committing to buying those is going to have a hard time forecasting.

    So maybe they're offloading that risk? Kinda like a futures contract, but for computer chips.

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  • [–] 3 points 8 months ago

    Oh the edge is getting nearer...

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  • 26 comments in c/news@lemmy.world view that post
    [–] 36 points 8 months ago (1 child)

    AI goes well: mass layoffs.
    AI goes poorly: mass layoffs

    Truly the best system

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  • [–] 49 points 8 months ago (9 children)
  • [–] 7 points 8 months ago (8 children)
  • [–] 31 points 8 months ago (3 children)
  • [–] 0 points 8 months ago (3 children)

    Yeah 20% of US GDP is in a.i. datacenters , this should be interesting.

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  • [–] 20 points 8 months ago

    Article is from Feb 2 FYI.

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  • [–] 10 points 8 months ago

    Oh fuck. This is going to really, really hurt.

    And for people that might be gloating about it: it's likely to hurt the very most for the people not in the upper 1% of 1%.

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  • [–] 6 points 8 months ago (6 children)
  • [–] 21 points 8 months ago (3 children)

    Don't feel bad for that Java, it was never a good Java... OpenJDK is the Good Java.

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  • [–] 2 points 8 months ago (2 children)

    Agreed, but they do contibute a lot to the community

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  • [–] 5 points 8 months ago

    Yeah, quite a bit of really good optimizations and stability were done by Sun, now Oracle. The GraalVM stuff is especially interesting...

    I'm no fan of Ellison or Oracle; I wish Sun was not acquired by Oracle. Ellison being Ellison, they really really tried to monetize Java the language/platform for some reason.

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  • [–] 5 points 8 months ago (2 children)

    No sympathy for people who work for oracle/blizzard/ea/etc.

    They deserve all the abuse they get.

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  • [–] 3 points 8 months ago* (1 child)

    People just want jobs man, lifes hard enough without restricting yourself to "ethical" corportions which dont exist.

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  • [–] 5 points 8 months ago (1 child)
  • 4 comments in c/technology@piefed.social view that post
    [–] 16 points 8 months ago

    For any wondering about yet another round of layoffs at Oracle, no, this is the same report from last month, not a new one.

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  • [–] 10 points 8 months ago

    The irony of the article including an option for an AI summary is hilarious.

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  • Normally, if a bubble bursts, you can here a soft "pop". Normally.

    when this one bursts? We're gonna start a world war because someone will think the "pop" was a fucking nuke detonation.

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  • [–] 3 points 8 months ago

    I love it. Laying off staff to fund data centers to run AI that people don't want so that other CEOs can lay off more staff.

    Why exactly aren't we chopping their heads off and use them as vases? I must have forgotten, I bet there's a good reason.

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