alt Hacker NewsOracle bet the farm on AI, and that’s starting to look like a really bad idea. Commentary about delaying new data center buildouts for AI is freaking out the markets today that the bubble burst is starting. Credit default swap values are also now heavily leaning towards a bunch of AI investments going bust.
Well, lets be fair here. Oracle is a predatory company that extorts its customers for the highest price. Adopters of AI in the enterprise are going to be building such shitty and shoddy products using AI that they'll need huge support contracts just to keep these poorly made AI products alive.
Adding AI to the oracle infrastructure cancer will certainly a boon to it's business model. Sure it might kill 10-20% of it's customers, but if it can become a pure AI parasitic play and spread it's seed, it's going to grow.
People dont realize that capitalism is size agnostic: As long as you can sell 1 boner pill for $1 million, you only need one customer rather than say 1 million pills for 1$. And, isn't it easier to keep one customer happier if they pay your bills?