If Oracle does this then they’ll probably remove their headquarters away from Nashville, TN (A city they promised to invest over a billion in infrastructure and jobs). They’re already struggling with attracting workers to Nashville, which is known as the healthcare “capital” of the country.
xpda on
So Larry Ellison is in charge of Oracle, Tiktok, and CBS? That sure gives me the warm fuzzies.
Remember kids, ~~diversify yours portfolio~~ dump all your eggs in one basket with a questionable path to returns, and if you run out of eggs – sell the shirt off your back to buy more eggs.
SunlightKitten3849 on
Did the VA just move to their health software recently?>
Dry-Bullfrog-9838 on
Hahahahahahahaha
TVPaulD on
Are Oracle and SoftBank locked in a competition to see who can incinerate the most value in pursuit of funding AI slop?
Area51_Spurs on
Or Larry could just tell David “No” and not give him his $120+ BILLION dollar allowance to go play movie mogul and use that money for Oracle…
datNovazGG on
Why are they doing this? Are they actually seeing a demand?
namezam on
Larry Ellison is genuinely one of the most evil people around. He wants crushing control over people, he wants a social credit system, mass surveillance, and an automated penalty system. He wants TikTok to have massive facial recognition training, and wants news outlets to control the narrative.
If AI really is in a bubble then him selling parts of Oracle to pay for it is the best possible scenario for humanity. Let him suffer to obscurity when it pops.
HavelockVettenari on
Here we go. Yet another story about slashing jobs in favour of AI.
This shit is just accelerating.
TrumpetOfDeath on
This is a nice microcosm of the larger market these last few years where investment firms have shifted their money away from biotech and into AI (due to FOMO I guess)
sk169 on
Time for me to post the oracle CEO’s acronym
puffyshirt99 on
They forgot the main details is that now TT owns all of a content creator videos to trains its AI. The original user may post to FB or X but TT doesn’t pay the creator any money for the video
h2g2Ben on
This period of time is going to be very difficult to explain to my kid when she’d older.
Wind2Energy on
AI ruins *everything*.
willismthomp on
I shall now eat myself. Over paid for tik tok and everyone dropped it?
angrycanuck on
Is Oracle on Wall Street bets? If not, they should be…
ars_inveniendi on
The Chinese will eventually dominate tech simply because the American form of shareholder capitalism is suicidal in the long run.
iamacheeto1 on
We are in the dumbest possible timeline
sweetno on
Do Oracle still earn their profits from an overpriced RDBMS? I wonder what happens when government agencies discover Postgres. I mean, transitioning is a sensitive move, but there ought to be an inflection point.
r7pxrv on
Yay! The death of Oracle…. finally
Imoutofchips on
Sooner or later, the number of people with nothing left to lose will reach critical mass.
xUltimaPoohx on
Is their health unit cerner?
LazySwanNerd on
I really hope this all ends out like when Zuck dumped an insane amount of money into the metaverse and it went under.
thatwombat on
Sounds like someone’s building a golden calf!
Kurotan on
All these companies are running ro AI no one wants. Many times telling consumers to f off as they will only cater to business going forward. They are going to be upset when that fails and they want to return to consumer and we all remember the f u they gave us and shop elsewhere.
Rankin37 on
AI (which is not intelligent) will ruin everything and we will let it happen. This timeline sucks.
Fabulous-Flamingo519 on
Oracle 30,000, Amazon 16,000 (which is tied to UPS 30,000), Verizon 16,000, and Uber plans to unveil 20,000 robotaxis which is equivalent to easily double that in jobs imo. So who will be left to buy or use their products when everyone is out of work?!
f00l2020 on
Uhoh. I see another round of java and database audits in everyones future to help fund AI
dragonfighter8 on
The **problem** of all solutions is AI.
AI is a nondeterministic parrot.
AvailableReporter484 on
Bring it on.
I’m so fascinated and stoked to see how all these fuck ass companies intend to make money in an economy where no one works because all the jobs are automated or outsourced. Surely It’ll be the greatest magic trick of our time lmao
ShareGlittering1502 on
I’m poor. I participate every day
LinkedInParkPremium on
Are we trusting bankers now?
Creepy-Birthday8537 on
Between UPS, Amazon, video game companies, government, retail and more we’re at hundreds of thousands of job losses
pretender80 on
Throwing good money after bad. Tale as old as time.
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If Oracle does this then they’ll probably remove their headquarters away from Nashville, TN (A city they promised to invest over a billion in infrastructure and jobs). They’re already struggling with attracting workers to Nashville, which is known as the healthcare “capital” of the country.
So Larry Ellison is in charge of Oracle, Tiktok, and CBS? That sure gives me the warm fuzzies.
https://www.floridatoday.com/story/news/2026/01/28/oracle-new-tiktok-owner-larry-ellison-deal-terms-conditions-change/88384409007/
Remember kids, ~~diversify yours portfolio~~ dump all your eggs in one basket with a questionable path to returns, and if you run out of eggs – sell the shirt off your back to buy more eggs.
Did the VA just move to their health software recently?>
Hahahahahahahaha
Are Oracle and SoftBank locked in a competition to see who can incinerate the most value in pursuit of funding AI slop?
Or Larry could just tell David “No” and not give him his $120+ BILLION dollar allowance to go play movie mogul and use that money for Oracle…
Why are they doing this? Are they actually seeing a demand?
Larry Ellison is genuinely one of the most evil people around. He wants crushing control over people, he wants a social credit system, mass surveillance, and an automated penalty system. He wants TikTok to have massive facial recognition training, and wants news outlets to control the narrative.
If AI really is in a bubble then him selling parts of Oracle to pay for it is the best possible scenario for humanity. Let him suffer to obscurity when it pops.
Here we go. Yet another story about slashing jobs in favour of AI.
This shit is just accelerating.
This is a nice microcosm of the larger market these last few years where investment firms have shifted their money away from biotech and into AI (due to FOMO I guess)
Time for me to post the oracle CEO’s acronym
They forgot the main details is that now TT owns all of a content creator videos to trains its AI. The original user may post to FB or X but TT doesn’t pay the creator any money for the video
This period of time is going to be very difficult to explain to my kid when she’d older.
AI ruins *everything*.
I shall now eat myself. Over paid for tik tok and everyone dropped it?
Is Oracle on Wall Street bets? If not, they should be…
The Chinese will eventually dominate tech simply because the American form of shareholder capitalism is suicidal in the long run.
We are in the dumbest possible timeline
Do Oracle still earn their profits from an overpriced RDBMS? I wonder what happens when government agencies discover Postgres. I mean, transitioning is a sensitive move, but there ought to be an inflection point.
Yay! The death of Oracle…. finally
Sooner or later, the number of people with nothing left to lose will reach critical mass.
Is their health unit cerner?
I really hope this all ends out like when Zuck dumped an insane amount of money into the metaverse and it went under.
Sounds like someone’s building a golden calf!
All these companies are running ro AI no one wants. Many times telling consumers to f off as they will only cater to business going forward. They are going to be upset when that fails and they want to return to consumer and we all remember the f u they gave us and shop elsewhere.
AI (which is not intelligent) will ruin everything and we will let it happen. This timeline sucks.
Oracle 30,000, Amazon 16,000 (which is tied to UPS 30,000), Verizon 16,000, and Uber plans to unveil 20,000 robotaxis which is equivalent to easily double that in jobs imo. So who will be left to buy or use their products when everyone is out of work?!
Uhoh. I see another round of java and database audits in everyones future to help fund AI
The **problem** of all solutions is AI.
AI is a nondeterministic parrot.
Bring it on.
I’m so fascinated and stoked to see how all these fuck ass companies intend to make money in an economy where no one works because all the jobs are automated or outsourced. Surely It’ll be the greatest magic trick of our time lmao
I’m poor. I participate every day
Are we trusting bankers now?
Between UPS, Amazon, video game companies, government, retail and more we’re at hundreds of thousands of job losses
Throwing good money after bad. Tale as old as time.