Fire Larry and sell his stock and his yachts and you'll be in the black again.
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Imagine failing this hard at your job and keeping it.
And I know his job is to keep the stock price high.. but 28 percent growth over the last five years in tech is still failing at your job.
“Double digit YoY or get out. Doesn’t matter how many people you have to fire or how hard to exploit the ones you keep. Double digit or GTFO.” -Shareholders
bet they woulda been fired even if ai was generously adopted
I've worked in IT for close to 30 years and I've never met anyone with a good word to say about Oracle. I remember them being notorious for auditing their customers and nailing them to wall for even the slightest perceived infraction of their convoluted license agreements. I don't understand how they still exist.
I interviewed with them a few years ago and the dev I talked to said it was the best job he ever had.
That was the only time I ever heard anything positive about Oracle.
JDK is the greatest scam ever.
When something needs JDK, most people usually just download the first one they find without much thought, just like with any dependency, which is Oracle's, instead of OpenJDK.
Oracle will go after companies where their employees unknowlingly installed their JDK for some minor thing, and hit them with multimillion fine for breaking their license after a while. Or at least I remember hearing they used to.
Blocking anything Oracle company-wide, especially JDK, is the first thing an IT admin should do.
Yes but on top their software is clunky and lacks basic usability?
Imagine. Oracle not being relevant. The dream
It's already irrelevant in most places. If you're non-American you only heard of Oracle's Sun acquisitions like mysql, virtualbox or openjdk.
Why is this news for a site like Jerusalem Post?
because everyone else already posted this 6 months ago
Are you americans ready for the bailout? Open your wallets wide!

I too see it coming.
email/call your reps pre-emptively and say no bailouts
Why does Larry Ellison give me such crazy uncanny valley vibes?! Is his head too long? Moustache too narrow? Generally too smooth? It has fucked me up all day scrolling past this image.
Plastic surgery and fillers are supposed to give him a youthful appearance. Instead it makes him look like a fucking blow up sex doll.
First time I saw him I thoughr he looked like John McAfee.
New incredibly niche conspiracy theory just dropped
Why does Larry Ellison give me such crazy uncanny valley vibes?!
He turns 82 next month.
Start forcing users to use AI
lose staff
Fire staff so that AI can take over
lose staff
Find out AI can't replace the users, get devalued
lose staff
seems pretty toxic
My last day at a dumpster fire AI slop company is next week, and I can’t wait.
Couldn't happen to a better group of companies. Let them all beg for bailouts and be denied.
and be denied
Maybe under a sane leadership, certainly not now. Trump will give them a bailout and a shipping container full of "deported" teenagers.
Even Obama handed out bailouts like candy. No chance this admin doesn't.
While I agree with the anti Oracle sentiment, that’s 21,000 employees that didn’t say they wanted AI BS. The suits and ceos that do this aren’t the ones that pay the price. It’s always the ordinary people like you and I.
No matter how much I try, all I see in this picture is Mel Brooks as President Skroob sniffing Air out of a can.
I used to work for Oracle and this pleases me. Nobody should have to work for Oracle.
Fucking wild to read the article. Oracle got pissy because regulations said you can't just shove datacenter electricity costs on people.
And this was after they fired about 30,000 employees.
So now they HAVE to double down and fund this AI infrastructure, because sunk costs dictate that they can’t admit to a bad decision and hire back the terminated employees.
Just because it’s costly doesn’t mean they aren’t going to push forward with all their might, unfortunately
Chinese open-source models are becoming the norm. You don't need the latest model from ChatGPT (e.g., a Ferrari) to complete your task. A simple Honda will suffice (open-source models), and it uses a lot less energy since it runs on your home or company's infrastructure.
Because of that, I predict that we're going to see a lot of financial hardship among AI companies.
That is insane.
"The global race for dominance in artificial intelligence is turning into one of the most expensive and turbulent corporate competitions in history.
Tech giants Amazon, Microsoft, Alphabet, and Meta are expected to spend about $600 billion on AI infrastructure during 2026."
...
GODDAMMIT. I just realized they're speedrunning the creation of AM.

But is it smart enough to turn to Darwin at the silicon or the molecular hardware layer, before the AI winter is here? Because it will be fimbulwinter this time.
Fuckin hopefully not dude, i don't wanna see am spring into existence. I still have a mouth to scream with and I'd prefer to keep It
Good. Let em burn
Ellison: job ~~creator~~ destroyer.
People shouldn’t be working for super villains.
People stand around wondering why the fuck these companies are able to do what they do and these billionaires the same. WELL BECAUSE YOU WORK FOR THEM CHAD. IT’S LITERALLY YOUR FAULT!
In a shitty job market, a job for the supervillain is better than starving and being homeless.
This rhetoric comes from a place of privilege.
I really want one or more of these AI companies to fail hard. I think their only strategy is literally to burn through billions hoping it'll be another company that goes to the wall first and they'll somehow reap the rewards by hanging on longer.
Jesus. This puts workers at, what, 150-200k laid off this year? Awful.
But I do like that part about mandatory power grid guarantees. If we lived in a reasonable country that would be a federal regulation.
Buying Time Warner seems poisoned for digital companies, or their owners.
This shit is literally ruining the industry for developers/engineers.
At least most of the ones I know and work with.