this post was submitted on 31 Mar 2026
567 points (99.3% liked)

Fuck AI

6568 readers
1433 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
top 50 comments
sorted by: hot top controversial new old
[–] humanspiral@lemmy.ca 5 points 1 hour ago

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.

[–] victorz@lemmy.world 4 points 2 hours ago

Great visualization of sunk cost πŸ˜…

[–] muusemuuse@sh.itjust.works 66 points 15 hours ago (1 children)

If the end result of all this AI mess is the death of Oracle I’m okay with it.

[–] mojofrododojo@lemmy.world 18 points 15 hours ago

kinda long overdue

[–] ColeSloth@discuss.tchncs.de 91 points 18 hours ago (2 children)

.... So oracle has been pretty much a straight and slow climb in valuation since 2002.

They had a significant and fast "spike" for pretty much the year of 2025 and then dropped back down to that same slow climb trend (if you ignore the 2025 spike, their chart would look the same as it has for the past 20 years of mostly slow upwards momentum).

Upon the news today, their stock went up 6%.

In other words, like most things shown to you, you've been presented with cherry picked data points to align with the agenda that the presenter wants you to have.

As a side note, I wish about 95% of all ai would burn to the ground, along with Oracle.

[–] GottaHaveFaith@fedia.io 1 points 5 hours ago

yeah they're just back to last year march values, also the fall started October and has been steady, nothing to do with these news

[–] SupraMario@lemmy.world 15 points 16 hours ago

While I agree, the more people who see that Oracle tanked on the AI trend, the better.

[–] vane@lemmy.world 29 points 15 hours ago* (last edited 15 hours ago) (2 children)


They're still good 5 years performance +109.54% 1 year performance +4.97%

[–] not_IO@lemmy.blahaj.zone 3 points 6 hours ago

one day later it's down to 104% so 5 less

[–] michaelmrose@lemmy.world 11 points 10 hours ago (1 children)

Is it fundamentally weird that massive companies have such massive spikes of essentially imaginary valuation? Isn't the only useful thing we get out of turning our economy into a casino accurate pricing driven by market forces? How can this market decide if a massive established figure is worth $300 or $150 decades after its creation?

[–] Brainsploosh@lemmy.world 5 points 7 hours ago

The answer is surprisingly easy, the valuation comes from the price people are willing to pay for the stock.

People seem to believe the AI hype will increase value, or at least are willing to bet that it will, and thus are willing to pay more for it.

[–] Blackfeathr@lemmy.world 143 points 22 hours ago (1 children)

Larry Ellison is a MAGA fuckwad

[–] SeductiveTortoise@piefed.social 54 points 18 hours ago (1 children)

That's good to know, but I don't really need another reason to hate Oracle. I've been doing this for years and years.

He's also very likely fucked kids. His name appears in 85 Epstein documents. So far.

[–] Unpigged@lemmy.dbzer0.com 28 points 18 hours ago (1 children)

Oracle's software is massively used to count money. Now there's AI in there. The AI is terrible at counting.

We are about to experience the whole new dimension of fuuuuuuuck.

[–] Baggie@lemmy.zip 23 points 17 hours ago (2 children)

Imagine making a computer that can't count

[–] Einskjaldi@lemmy.world 4 points 13 hours ago (1 children)

It can count but it's easily distracted, and will make something up if it forgets a detail halfway.

[–] Baggie@lemmy.zip 2 points 7 hours ago

Bro I already have ADHD just let me do it instead

[–] ivanafterall@lemmy.world 3 points 16 hours ago (1 children)

I can't even imagine making a computer that can count.

[–] Baggie@lemmy.zip 4 points 14 hours ago

Just hit sand with enough lightning you'll eventually get something

[–] jaredwhite@humansare.social 49 points 22 hours ago

If we're really super lucky the Paramount/WB merger falls apart because Daddy's shiny money just ain't there no more.

[–] ceenote@lemmy.world 52 points 22 hours ago (2 children)

I thought it might be y-axis fuckery, but nah their stock has actually tanked.

[–] Not_mikey@lemmy.dbzer0.com 17 points 17 hours ago* (last edited 17 hours ago)

More x axis fuckery, if you zoomed out to the period which they actually went all in on AI, about two years ago, you'd see they were rewarded for it with a spike in evaluation, before coming back to earth which OP is showing.

On the other side if you zoom into today, when the layoff announcement was made, they're up ~6%

[–] violentfart@lemmy.world 6 points 21 hours ago (1 children)

It’s still misleading; overall it’s back to a β€œnormal” trajectory.

[–] Gullible@sh.itjust.works 16 points 20 hours ago

Receding value does still pose massive problems for a company, between reputation cost and massively reallocating funds they hoped to use. overextension isn’t unusual and the implosion can be terrifying. Hence oracle’s 30000 personnel cuts. Personally, I hope they die horribly. Fuck oracle.

[–] raicon@lemmy.world 64 points 23 hours ago

Good, fuck them.

[–] khannie@lemmy.world 19 points 20 hours ago

Mad props to whoever shorted back in September.

[–] Steamymoomilk@sh.itjust.works 3 points 14 hours ago

They fell off sense the bought sun Microsystems

[–] Formfiller@lemmy.world 7 points 17 hours ago

Larry Ellison is a danger to the entire world.

[–] mushroommunk@lemmy.today 23 points 22 hours ago (3 children)

That reminds me. I've been abusing their free tier. Need to line something else up to replace them for when they finish collapsing.

[–] Alk@sh.itjust.works 13 points 21 hours ago (1 children)

I guess I'm lucky they never let me sign up with a Proton email because it was "suspicious" and went with a cheap ovh droplet instead.

[–] mushroommunk@lemmy.today 3 points 21 hours ago

I did it back when I had zero dollars and lots of time. Probably stand up my own box now. I honestly don't need much since I don't host game servers or anything anymore, just a discord bot.

[–] DaMummy@hilariouschaos.com 2 points 19 hours ago (1 children)

I'm not too knowledgeable on Oracle. What do they actually do? Where does all that money come from? It just looks like they're trading in personal data from my POV.

[–] mushroommunk@lemmy.today 4 points 18 hours ago

A lot of enterprise software and cloud computing mostly. They've got logistics software, HR software, management software, database software, etc. Then they've got the Oracle cloud with a suite of services.

[–] CultLeader4Hire@lemmy.world 11 points 19 hours ago

I know someone who works there who’s a huge lazy asshole I hope he got laid off

[–] AlboTheGuy@feddit.nl 8 points 18 hours ago

Oh so that's why they've suddenly been arrassing my company for license money

[–] Gullible@sh.itjust.works 20 points 22 hours ago* (last edited 22 hours ago) (2 children)
[–] grue@lemmy.world 11 points 19 hours ago* (last edited 19 hours ago) (1 children)

Don't link images from Reddit. They do some fuckery where they redirect from the bare file to an HTML page containing it.

Just straight-up steal the image and re-upload it to Lemmy instead, like this (hidden in a spoiler tag in this case because WTF):

spoiler


[–] Gullible@sh.itjust.works 4 points 18 hours ago

Ugh, even when I no longer go there, they still manage to piss me off. Still, siphoning pennies from them with image hosting costs outweighs my minor annoyance. Self hosting is costly

[–] lemmyng@lemmy.world 15 points 22 hours ago (1 children)

JESUS CHRIST, A LITTLE WARNING NEXT TIME?!

I totally though it'd be the image of the white techbro-lookin dude with tears in his eyes.

[–] Gullible@sh.itjust.works 7 points 22 hours ago* (last edited 22 hours ago)

I wish we were still at the point where they might look vaguely human. No, they’ve long since morphed into a living pestilence in both body and mind. Just one more county in middle America, bro.

[–] spitfire@lemmy.world 3 points 15 hours ago

I hope they go down even further. Shitty company with a shotty owner.

[–] mojofrododojo@lemmy.world 2 points 15 hours ago (1 children)

anyone have confirmation on that 30,000 number?

[–] massive_bereavement@fedia.io 9 points 21 hours ago

I haven't drank in a while, but I'll get loose as a goose if I get to dance over Oracle's grave.

[–] Brummbaer@pawb.social 8 points 21 hours ago

Don't give me hope.

[–] Babalugats@feddit.uk 3 points 22 hours ago
[–] apftwb@lemmy.world 1 points 18 hours ago

There goes AI getting rid of jobs.