• filister@lemmy.world
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    1 month ago

    This at the moment is a clear Ponzi scheme.

    OpenAI or Nvidia announces some partnership or a deal for X amount of billions. As a result the valuation of the recipient company goes straight to the sky, increasing the market valuation of said company X-times more.

    And then try to tell me this isn’t a bubble.

    • PriorityMotif@lemmy.world
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      1 month ago

      Yesterday there was an article stating that Microsoft has more hardware in inventory than they can actually power on.

    • zaugofficial@lemmings.world
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      1 month ago

      Part of the grift is passing a bunch of money around at the top.

      The ‘people in charge’ don’t even want us poors to know it’s possible to host things without the cloud, let alone how much easier and cheaper it is.