this post was submitted on 23 Jul 2026
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[–] Asafum@lemmy.world 40 points 1 day ago (2 children)

The issue is that they became part of everyone's 401k so the bootlickers and greedy fucks in Congress will tell us they're 100% essential because if they fail you lose your retirement.

I hate this system... Redistribution of wealth for the rich, rugged individualism for the pleb.

[–] moustachio@lemmy.world 19 points 1 day ago (1 children)

They aren’t even public companies yet. They are not a part of everyone’s 401ks.

MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.

[–] Jaysyn@lemmy.world 26 points 1 day ago (3 children)

There is a very good chance that Oracle doesn't survive if OpenAI tanks.

https://www.wheresyoured.at/how-openai-kills-oracle/

[–] DarkCloud@lemmy.world 29 points 1 day ago* (last edited 1 day ago) (1 children)

I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.

[–] 4am@lemmy.zip 19 points 1 day ago (1 children)

Larry Ellison is an even bigger son of a bitch than your standard Israel funder.

Not just content with supporting a genocide, he wants to control all media and human behavior.

Not even to protect his collaborators, but because there’s money in it.

Larry Ellison belongs in prison.

[–] Mertn33@lemmy.world 5 points 22 hours ago

He can take his shitty closed source database with him.

[–] cecilkorik@piefed.ca 11 points 1 day ago

So you're telling me AI is going to bring positive change to the world?!

[–] moustachio@lemmy.world 5 points 1 day ago (1 children)

Okay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.

[–] Jaysyn@lemmy.world 4 points 23 hours ago

I never said a thing about bailouts. No one is baling these assholes out. They don't employee enough people to be important enough in the grand scheme of things to be afforded a bailout. Also, there isn't enough money to bail them out, because they will never be profitable and they know that. That's why they are angling to steal our retirement.

[–] architect@thelemmy.club 5 points 1 day ago* (last edited 1 day ago)

The current retirement structure is gambling and exploiting labor. I’m sorry but it’s the only way to fix it. The people who bought into it need to suffer, too.