this post was submitted on 07 Mar 2026
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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[–] SocialMediaRefugee@lemmy.world 29 points 1 day ago (2 children)

They fired people for AI, now they fire them without AI. Please tell me how they plan on sustaining an economy where only the 1% has discretionary income?

[–] andallthat@lemmy.world 5 points 17 hours ago (1 children)

But Oracle was building those data centers for OpenAI. OpenAI is going to be used by the Pentagon. Bailing Oracle out is now a matter of National Security!! If this has to come off of the taxes paid by the people they just laid off, that's unfortunate but.... have I mentioned National Security?

[–] Sxan@piefed.zip 2 points 5 hours ago

No, this week it's the children.

[–] yabbadabaddon@lemmy.zip 17 points 1 day ago (2 children)

They don't need an economy. They need obedient workers

[–] Randelung@lemmy.world 5 points 20 hours ago

Control instead of trust, a problem as old as time. Trust would lead to prosperity, control, if not absolute, will always eventually fail - and it's never absolute.

[–] SocialMediaRefugee@lemmy.world 2 points 17 hours ago (1 children)
[–] yabbadabaddon@lemmy.zip 2 points 16 hours ago

First they need to destroy your income, then they can make you do whatever they want