AI goes well: mass layoffs.
AI goes poorly: mass layoffs
Truly the best system
AI goes well: mass layoffs.
AI goes poorly: mass layoffs
Truly the best system
It's happening !!!
What is happening?
Pop pop pop
Ohhhh… well, probably not a pop but a slow deflation down to a more reasonable size.
Yeah 20% of US GDP is in a.i. datacenters , this should be interesting.
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%.
Poor java :(
Don't feel bad for that Java, it was never a good Java... OpenJDK is the Good Java.
Agreed, but they do contibute a lot to the community
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.
... and MySQL
No sympathy for people who work for oracle/blizzard/ea/etc.
They deserve all the abuse they get.
People just want jobs man, lifes hard enough without restricting yourself to "ethical" corportions which dont exist.
AI needs to die
Have we finally stopped pretending the layoffs are being caused by AI replacing workers?
If you had a customer service phone center job that was replaced with an AI chatbot, you certainly did lose your job to AI.
Not exactly. I'm sure there are specific cases where someone lost their job because AI does it better, but in most cases they lost their job because we're in a recession and the company needed to use chatbots to cut costs.
...decided to use chatbots to cut costs. Also, AI doesn't do it better.
To the surprise of zero sane people 😮💨🤬
First sign of the bubble bursting?
So oracle eats its seed corn to build even more fucking data centers rather than accept the risk evaluations of their lenders.
Man, what god damn geniuses over there. I bet they can't wait to have their ghost writers felate them over this decision in their future "autobiographies" that will be for sale at the airport. Oh wait, silly me, there's no ghost writers anymore!
I was just at lunch with family members from around the country, and two of them said that big data centers had recently been turned down by their local politicians.
Oh shit the first domino has fallen.
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.
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
I don't understand why Oracle or the reporter tried to invent a new term for this. This is literally "colocation", a term so ubiquitous that the industry typically shortens it to "colo".
I think they usually just refer to this as on premise management? Like, its your server but an outside company manages everything for you
Ah yeah I’ve heard of that
Leave it to Oracle to advertise it as something completely new and innovative.
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.
For any wondering about yet another round of layoffs at Oracle, no, this is the same report from last month, not a new one.
The irony of the article including an option for an AI summary is hilarious.

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.
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.
Bla bla national security, bla bla too big to fail, bla bla government bail out, bla bla stock buy back
Wow not only do they plan to lay off tens of thousands, they want customers to help pay for data centers and bring their own hardware. Oracle is acting like they're poor.
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