this post was submitted on 07 Nov 2025
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Been saying this for years, but the desperation has become insane. They aren't just sinking, they are throwing icebergs and mines out in front of the ship.

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[–] kryptonianCodeMonkey@lemmy.world 27 points 5 days ago* (last edited 5 days ago)

So I initially misunderstood and thought that they were netting 13 billion revenue. I was going to point out that the difference between 13 billion and 1.4 trillion is right about 1.4 trillion. But they're not netting 13 billion. They're netting NEGATIVE 13 billion. Their total gross revenue is only 4.3 billion. They need to QUADRUPLE their gross to make NOTHING. And THEN earn another 1.4 trillion to pay off their agreements SO FAR. In one of, if not the, most oversaturated, highly competitive, geopolitically charged markets on the planet Jesus fucking Christ. They're going to tank the global economy, or at minimum the US economy. We're fucked. If I see these guys in the bread lines I'm beating them and stealing their bread.

[–] SalamenceFury@lemmy.world 18 points 5 days ago* (last edited 5 days ago) (1 children)

Ah, so they are spending TRILLIONS so the government GIVES them trillions when the bubble bursts and all the other companies come knocking for the money they don't have. And WE, the peasants, are the ones who are causing waste, fraud and taking government benefits that we don't deserve... and WE are the evil communists. Genuinely baffling. Those people deserve to be homeless.

[–] kryptonianCodeMonkey@lemmy.world 7 points 5 days ago* (last edited 5 days ago) (1 children)

The moment the leadership mentions that the government will be a backstop for them, let alone when they have and continue to accumulate such a MASSIVE debt and overreach that they will never deliver on, they should be immediately dissolved and their leadership charged criminally for fraud. Period.

[–] SalamenceFury@lemmy.world 5 points 5 days ago

Yeah, but I don't trust this happening with this administration in power... 💀

[–] bulwark@lemmy.world 12 points 5 days ago

Can't wait for this dude to go the way of Sam Bankman-Fried. Open AI is the new Enron.

[–] kokesh@lemmy.world 5 points 5 days ago

I really hope all this "AI" comes crashing down. All of it. It just makes people dumber. And main of all it fucks up the whole planet.

[–] phoenixz@lemmy.ca 2 points 5 days ago

Well technically Nvidia is, and it will fail and when it does fail, it will be big enough that the US economy won't be able to save it either, it'll drag everything down with it.

Fun times ahead