this post was submitted on 31 Mar 2026
572 points (99.3% liked)
Fuck AI
6568 readers
1733 users here now
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Larry Ellison is famous for being the most eggregious at financing his lifestyle tax free by taking out loans (doesn't count as income) against his stock. His Zionazi/MAGA media (WB, tiktok) takeovers are financed by his loans on Oracle stock. UAE may one day soon, back out of it's Zionist assistance in WB takeover, which Ellison has had to promise to fully backstop. 30% of his Oracle ownership was secured to loans in 2025. Extra $40B guarantee for WB puts him closer to bankruptcy. Tiktok investment was purely for zionazi media control. All profits go to bytedance still. WB purchase is also pure zionazi motivated, as it is grossly overpriced takeover.
Forced sale of Oracle stock would incur a huge tax bill, and lenders seizing the shares also gives him the same tax bill, afaiu.