posted in Technology
AI bet goes awry: Oracle fires 21,000 employees
www.jpost.com/business-and-innovation/tech-and-start-ups/article-903442
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 @sanitation@lemmy.today
This shit is literally ruining the industry for developers/engineers.
At least most of the ones I know and work with.
Replying to @PattyMcB@lemmy.world
it’s ruining the industry right now. when the bubble bursts and the datacenters crater it will be a new golden era for farming!
I know plenty of devs who just want to farm, or hunt, or build shit.
I can’t wait for the farming industry to be disrupted when 100,000 seasoned engineers descend upon companies like john deere. they’ll be like a plague of locusts that will blot out the sun forever.
Replying to @GreenKnight23@lemmy.world
I’m going to start a reptile business. Fuck it.