posted in Technology

The Jerusalem Post | JPost.comAI bet goes awry: Oracle fires 21,000 employees | The Jerusalem PostOracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

Replying to @⁨KyuubiNoKitsune@lemmy.blahaj.zone⁩

It’s not shitty enough to completely leave your ethics at the door. You might need to take a little less pay, or work on something less interesting (although we’re talking about Oracle here).

Somebody who landed a job at Oracle had options. That is until today. Now they have 21,000 other people to compete with.

It’s the people somewhere like Nvidia I have some empathy for. They thought they were building gaming tech and they’ve ended up building the apocalypse.