I don't know what possessed Ellison to ruin a functioning company, but it will be interesting if he gets a margin call for ORCL's other debt exposures, which are Ellison's massive loans against his ORCL stock.
Same thing that drives all these execs of large companies - naked greed!
"If only we can fire all workers, imagine how profitable we'll be!"
They are attempting to set civilisation on fire with the intention of being on top when they no longer need humans.
it only "works" if the government actively does everything in its power to support the boom. No restrictions on new power sources, on pylons and transformers, on new factories to make power sources and compute, on data centres.
This was never going to be the world we live in.
Still surprised by the admin actively punishing politically incorrect power supplies (renewables) and then starting a stupid war with Iran, but even without that nonsense, we were never going to see the US do a command economy pivot, and even if we had something would've broken like it usually does with noobs (and even most politicians are noobs) trying a command economy pivot.
The assumption that this process can be “distilled” from written word is completely insane. I’m not sure how people trick themselves into thinking it’s even remotely possible.
That site is too funny :-)
> [mid-2026] But China is falling behind on AI algorithms due to their weaker models.
> But China is falling behind on AI algorithms due to their weaker models
They wrote this shit in April 2025. And they put their names on it. Beyond hubris.
> Reliable Agent copies thinking at 13x human speed
Still waiting for a reliable agent to think at any speed.
They are just rich. And also assholes.