• vane@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    ·
    2 days ago

    $40B for banks are pennies. This website writes about $1.5T debt plan trough 2028 https://axis-intelligence.com/ai-data-center-financing-statistics/

    That’s still not much compared to gross profit for 2025 of the 5 biggest players listed on US stock exchange Google $240B
    Amazon $360B
    Microsoft $225B
    Meta $164B
    Nvidia $153B

    Sums up to $1.1T

    Oracle will get bailout or those investments will be acquired 100% if you think billionaires won’t protect themselves from basically owning this planet you’re stupid.

    • BauerBender@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 day ago

      All of the “here comes the bubble pop!” people are hoping for the worst, but how many of them graduated college in 2009? How many of them worked at a laundromat with a college degree? How many of them made $10 an hour part-time in a market where houses cost $250,000?

      Recessions are bad. It’s bad now. Another recession is SCARY.

      • vane@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 day ago

        Last time when lots of people got very poor in europe and whole countries couldn’t pay their debt, world war happened. It was around 100 years ago and all I hope this fucking don’t happen again but well this world is fucked again because of those technology hitlers who don’t share money with people but only accumulate wealth.

      • vane@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 day ago

        Apple gross profit $195B. Cloud is real cash cow because of enterprise. Cloud companies hope to double their earnings by with ai offering. That’s the business. So all those servers are being build for enterprise offering of not existent products that no consumer want but corporate will force them because they want total power over people and corporatocracy.