OpenAI Missed Revenue and Growth Targets - Tech Stocks Crash as AI Bubble Pops
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Top Comments (10)
Every tech business is now following the Musk bullshit and hype model to over inflate the stock value for personal gain. Rinse and repeat every quarter. Most businesses are just based on fraud now.
I just realized that the whole tech boom was based on hiring thousands of developers to swindle investors. Now it's all about massive data centers.
I wonder if the plan is to crash our way out of inflation.
When the cloud hits your eye like a big pizza pie that's... Azuré
Oracle is just fucking insane for doing what they did
Crazy, over the past few weeks I have been using AI / Claude code less and less at work and have been ............ writing my own code again. It's wild how many people have been burning through tokens to do the simplest things just to save a few minutes to wait for business to decide what they want next or why we can't release this change yet so we have to wait until we get alignment from some random team/director/vp etc all of which have no idea how or why we need to release now or delay until - you get the point
Want Oracle to go bankrupt now . It would be the best corporate therapy of my life😂
2:12 your first mistake was talking to them 😂 I treat AI bros like flat earthers.
I lived through the spreadsheet wars - VisiCalc vs. Lotus 1-2-3. So yes.
Here's a perfectly legal business model. Pitch an idea, AI for example. Then sell corporate bonds to "make it happen", then say i have nowhere to plug it in. Then watch those bonds you sold plummet to 35 cents on the dollar. Then buy them back at a net profit of 60%. Better profit than actually producing something of value.
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Top Comments (10)
Every tech business is now following the Musk bullshit and hype model to over inflate the stock value for personal gain. Rinse and repeat every quarter. Most businesses are just based on fraud now.
I just realized that the whole tech boom was based on hiring thousands of developers to swindle investors. Now it's all about massive data centers.
I wonder if the plan is to crash our way out of inflation.
When the cloud hits your eye like a big pizza pie that's... Azuré
Oracle is just fucking insane for doing what they did
Crazy, over the past few weeks I have been using AI / Claude code less and less at work and have been ............ writing my own code again. It's wild how many people have been burning through tokens to do the simplest things just to save a few minutes to wait for business to decide what they want next or why we can't release this change yet so we have to wait until we get alignment from some random team/director/vp etc all of which have no idea how or why we need to release now or delay until - you get the point
Want Oracle to go bankrupt now . It would be the best corporate therapy of my life😂
2:12 your first mistake was talking to them 😂 I treat AI bros like flat earthers.
I lived through the spreadsheet wars - VisiCalc vs. Lotus 1-2-3. So yes.
Here's a perfectly legal business model. Pitch an idea, AI for example. Then sell corporate bonds to "make it happen", then say i have nowhere to plug it in. Then watch those bonds you sold plummet to 35 cents on the dollar. Then buy them back at a net profit of 60%. Better profit than actually producing something of value.