You just don't understand the fourth industrial revolution

[millihertz@oldbytes.space]

@gabriel i guess this is the upscale version of "mutual aid group passing around the same $100 to each other"

[sunmcnukes@shitpost.cloud]

Maybe not but I can't stand its consequences either.

[praetor@mstdn.social]

@gabriel I'm a systems architect, and there is lots of money to be made with the data centers....if you can get them to pay their invoices. All three of them are terrible at paying their invoices. I've heard of people being 60 days out and not making payroll. And they finally pay when nobody shows up. I don't think either three of them know what the fuck their doing, TBH. It's a cluster.

[hcf@infosec.exchange]

@gabriel

Simple perpetuum capitalia (perpetual equity generator)

[slims@famichiki.jp]

@gabriel I’m out of the loop but what is oracle doing?

[gabriel@fedi.libresolutions.network]

@slims
Loop is a good term for it
Oracle is buying from Nvidia so Nvidia can invest in OpenAI so OpenAI can buy from Oracle...

[kpeace@liberdon.com]

@gabriel
This is how any deal works. When someone buys a car, the money (minus costs) go to the owners who use that to buy stocks from companies. These companies use that money to pay workers, who use that money to buy cars.

The idea is that in each station the capital creates more value.

Oracle will use the 300 mil to create 600 mil of value. 300 mil of that value will be passed to Nvidia, who will create 600 mil of value.

OpenAI is supplying a line of *credit* to these companies.

[gabriel@fedi.libresolutions.network]

@kpeace Appreciate the important clarification!

[dcc@annihilation.social]

@gabriel You forgot to add that the government is the middle man in all three....

[luuk_aalders@mastodon.nl]

@gabriel

Circulaire energie

[catraxx@tech.lgbt]

@gabriel How to go bankrupt for dummies

[jwcph@helvede.net]

@gabriel It's the subprime mortgage crisis, except with better branding and WAY! worse...