☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 7 months agoOracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centreswww.livemint.comexternal-linkmessage-square14linkfedilinkarrow-up140cross-posted to: technology@piefed.socialtechnology@lemmy.ziptechnology@lemmy.mltechnologyusa@midwest.social
arrow-up140external-linkOracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centreswww.livemint.com☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) M to United States | News & Politics@lemmy.mlEnglish · 7 months agomessage-square14linkfedilinkcross-posted to: technology@piefed.socialtechnology@lemmy.ziptechnology@lemmy.mltechnologyusa@midwest.social
minus-squareViking_Hippie ( Viking_Hippie@lemmy.dbzer0.com ) linkfedilinkarrow-up8·7 months agoTo the surprise of zero sane people 😮💨🤬
minus-square☆ Yσɠƚԋσʂ ☆ ( yogthos@lemmy.ml ) OPlinkfedilinkarrow-up5·7 months agoI’m a bit surprised the bubble kept going as long as it did. It’s absolutely wild how investors just kept throwing hundreds of billions at tech that didn’t have any clear business model, no market fit, and wasn’t making any substantial revenue.
To the surprise of zero sane people 😮💨🤬
I’m a bit surprised the bubble kept going as long as it did. It’s absolutely wild how investors just kept throwing hundreds of billions at tech that didn’t have any clear business model, no market fit, and wasn’t making any substantial revenue.