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dgerard@awful.systems

Blue Owl won’t give your money back. This is fine (pivot-to-ai.com)

submitted 1 week ago by dgerard@awful.systems to c/techtakes@awful.systems

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The AI data centre business is solid, honest

https://www.youtube.com/watch?v=Fh6DbLNM1lI&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260226-blue-owl-wont-give-your-money-back-this-is-fine - podcast

time: 7 min 47 sec

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[–] dgerard@awful.systems 4 points 1 day ago

the AI bubble, the private credit bubble (this one), the Wall St Bitcoin thing, etc. are all about writing down a big number with a $ in front on thin justification, then borrowing against it

this runs into issues tomorrrow. but not today!