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erronis

(25,146 posts)

3. It's hard to know how the circular financing will play out as defaults start happening.

Reply to anciano (Reply #2)

Tue Jul 7, 2026, 02:33 PM

Tuesday

So many of the players have agreements with each other and they may start playing leverage as the real $$$s start to disappear.

I see Oracle in a particularly bad place (boo-hoo) since their model (Big Red) was already tottering and they went deeply into debt to get into the AI "game".

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2naSalit

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Highlight:

Let AI Burn -- Ed Zitron [View all] erronis Tuesday OP

He's right. It's an industry built on theft, fraud, hype and delusions. highplainsdem Tuesday #1

I think it is very possible that a market crash anciano Tuesday #2

It's hard to know how the circular financing will play out as defaults start happening. erronis Tuesday #3

But Palantir needs it to spy on us! orthoclad Tuesday #4