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Joined @arimelber.bsky.social on MSNOW talk about the AI bubble, Treasuries and the growing cost of AI data center debt, and how Oracle and Paramount’s debt threatens Larry Ellison’s future.

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He has a podcast that explains a lot of his positions and why he uses their very own numbers to point out that it doesn’t add up. He’s good too at comparing when it’s unusual for a company to use a select accounting practise to try and bolster those number which indicates they are lying as such.

So you must do some kind of diet coke deprivation pre these shoots to take your energy down, yeah? Or do they have some branded horse tranqs on set?

God I love seeing someone that actually knows what they're talking about on Television talking about this. The Stock Market crash also happens to live inside an organism that has been spoofing prices through suppressing price discovery. Private Credit, The Yen Carry Trade, & AI is a Ponzi scheme.

Blaise Boo-lysse Bernard Collins@wittywebhandle.bsky.social

A brief overview on why the AI Bubble is not just a 'Dot Com' or even just a '2008'; but something existentially threatening to Capitalism.

Yes AND Ai is the shock doctrine pointed at the economy so they can force the public to accept their crypto backed economy after they destroy the economy. They will promise “comfortable continuity” if we accept their fascist crypto backed economy

I hope our leaders have learned since 2008 that the taxpayers have no obligation to make sure billionaires remain billionaires. I'm not optimistic though.

At this point, I have to assume that they think debt works like numbers in old video games, so they're getting as much as they can, hoping to reach an amount that will roll it back to zero.

“Built their own” likely just means a skin that uses some combo of Claude and ChatGPT in the background.

It's a custom model based on Qwen something plus their own training and a whole load of verification stuff on top of the LLM. Collaboration with Imperial College London. Given they have a pretty unique training dataset you can see why they'd want to stick in house for this. Plus token costs...

Honestly if Oracle and the Ellison's go to the wall the world will be a much better place... same with the Sieg Heiling Muskrat. The world will be a much better place with all those c*nts living on the streets (I know they'll never fall that far, but one can have big dreams).