They’ve booked future profit from OpenAI owing them almost a trillion dollars. If OpenAI can’t pay that bill when the time comes, Oracle is completely fucked.

I’d say they’re the ones most likely to get screwed on this but I just don’t see how a tech titan drawdown causes the whole world go into a great depression

This isn’t 1987 where only upper middle class people invest in stocks, everyone has a stock app on their phone these days, if jobs aren’t lost money will continue to pump because line goes up

Maybe I’m just too optimistic but if captain dickfingers giving the world a tariff hit, a global pandemic and “the worst oil crisis ever” can’t put a dent in things, I just don’t think a pullback on AI spend is going to do it (unless there’s a ton of other structural problems in the global economy that bloggers will point out how obvious it was only once it fails)

Bad comparison. Spotify has already been a profitable, publicly-traded company for years.

That doesn’t wipe my memory of listening to reddit users and lemmy users since 2012 talk about how streaming music is unprofitable and will go broke any day, to which I argued they are after market share (to which I received many a downvote, lemmy eh?)

Remember how Uber was about to go broke? Not going to lie, this literally feels like just more circlejerking about companies that are spending a lot and will go broke any day now…

5 minutes ago Lemmy was comparing AI to NFT’s and Crypto, in 2026!

Sorry if I hold a grudge and you are not as dim-witted and not good with computers as the average lemmy user, it’s hard to shake hearing the same prophecies I’ve been hearing about other high spending companies for decades

And without seeing GAAP accounting showing where all the money goes in support of inference, I am highly doubtful that it’s profitable.

You’re right but we do have a little bit of an idea:

On inference alone, both companies project profitability

https://aiafterhours.substack.com/p/openai-vs-anthropic-the-121-billion

https://www.tradingkey.com/analysis/stocks/us-stocks/261756528-anthropic-openai-ipo-tradingkey

Anecdotes aren’t data

I didn’t just say an anecdote, I linked to this as well:

Anthropic’s Insane Enterprise Surge Made Them #1 by Early 2026

https://lemmy.world/post/48781135

Maybe even a little

Claude is now embedded in 60% of Fortune 500 companies’ productivity suites as of Q2 2025

They are very clearly in the business segment, I’ve heard nothing like this for Qwen or GLM or local hosted models, in fact when self hosting was bought up the dev’s mentioned “??? you can’t self host claude ??”

I work with actual machine-learning engineers

This is like saying I work with actual system admins, they say that Windows is terrible and that it’ll be the year of the linux desktop any day now

You need to vibe check the office and devs vs the engineers

The vibe in the office (and what I’m reading) is that claude is gold

That said I spoke to a normal person the other day and they hadn’t heard of claude at all, blew my mind

a video with dozens one liner arguments that cannot be addressed without writing half a book.

Because you keep doing stuff like this, don’t bother writing a book, half a book, or even a paper, the idea you can convince me with something that no one in 50 years in Australia hasn’t thought of is insulting to the thousands of people and engineers who have worked on making it a reality

Here’s a serious video for you

https://m.youtube.com/watch?v=8nEaa3UI5QA

and if you go on youtube you’ll find a dozen more that go into it

If you’ve got 150 billion in your back pocket let me know and we can get started on this thing

Please stop down voting comments you disagree with, it makes you look like a dick

This is non-politics community. For political memes please go to [email protected]

No business that is built entirely on AI is profitable. Not one.

The major players behind them all

nvidia, microsoft, google, oracle, etc are all profitable

Training is an ongoing expense, not a startup expense.

inference is profitable, training is not

training is what the majority of data centre spend is going towards

if they want to be profitable pull back the training but right now they are competing for market share

feel free to look back at all the times lemmy predicted the end of spotify because it wasn’t profitable, now they turn around and cry it’s making money

Qwen, running in a well-designed harness such as OpenCode, with a carefully written AGENTS.md file, is of comparable performance to at least Claude Sonnet, and possibly Claude Opus. All without the massive, ludicrous infrastructure requirements.

At work nobody is talking like this, everyone is talking about claude and it makes sense, it’s the best thing since vscode

https://lemmy.world/post/48781135

You’re confused why it’s not getting past the planning stage?

Maybe watch the video again? You’re literally the guy in it :)

https://m.youtube.com/watch?v=8av3knflbQo

No it doesn’t

Notably, as shown in Figure 1, passenger cars accounted for 73.0% of passenger-km travelled in the EU-27 in 2022 – the largest of any mode of transport

Public transport activity reached around 995 billion passenger-km in the EU-27 in 2019. This represents a 2.2 percentage points reduction in the share of these modes in the total transport activity compared with 1995. This share reached approximately 16.6% in 2019

https://www.eea.europa.eu/en/analysis/publications/sustainability-of-europes-mobility-systems/passenger-transport-activity

Cars > Trains

i give up mate, if you can’t read i can’t help you

you must be a time traveller from the year 2022 before ai was a thing

That is exclusively a problem of politcal and may be incompetence.

you are free to crique the last 50 years and 10 different government and private enterprise attempts at doing it

https://en.wikipedia.org/wiki/High-speed_rail_in_Australia

apparently you know better 👍

Earbuds.

Yes they are in my ears 24x7, I do like listening through my speaker though

Never seen that over here, what are yall doing differently?

Where are you? I bet I can find out pretty quickly you have security teams on your trains at night

You must have excessively shitty trains if having to pay attention to traffic while sitting in 1 position can be more comfortable than sipping tea in a dining car, free to stretch your legs or just using a laptop at your seat.

It’s really not that hard to drive and I would rather get to work in 30 minutes than sit around for an hour, the comfort difference is minimal to me, especially so if it’s busy and trains are packed, then nobody is stretching your legs

Please don’t downvote just because you have a different opinion, it makes you look like a dick

Funnily enough your own map shows how Australia is actually perfectly siuted for extensive rail

Yes, it has been attempted many many many times, it’s now parodied in our own parks and rec style comedy program:

Is A High-Speed Rail Possible In Australia? | Utopia

https://m.youtube.com/watch?v=8av3knflbQo

certainly also has the population to support one as well

I don’t think you are noticing just how sparsely populated we are and how big those mountains are in between the cities

This looks like a joke lawsuit, I mean the article literally defeats it

Complaint:

Consumers File A Class Action Lawsuit Against Samsung, SK Hynix & Micron Alleging That The Memory Trio Restricted DRAM Supply To Inflate Prices

Counter:

Although this is not a similar situation to the case back in 2005, since there are indeed shortages due to higher demand from the AI segment, and these companies have claimed to be working on the construction of additional fabs and production lines to expand supply.

Why would they work on expanding supply and production lines if they were just restricting supply

If you think self driving cars suck you should see regular people driving cars

Best of 2025 - Dash Cam Owners Australia

https://www.youtube.com/watch?v=PUTFLoobJkk

I mean that’s fine but that doesn’t answer my original point when 3/4th’s of people are using cars to get around, this public transport paradise is limited to inner city and highly dense locations, and even then 50%+ of people are still using cars

Doesn’t scream public transport is a winner

I also much prefer driving in my car listening to music and not having little shits on the train making a racket and running around and my car is more comfortable and when I want to go down to GYG at 11pm for a cheeky fries run I’m not standing out in the dark and cold in my suburb (not the nicest) waiting for a bus to turn up and then the same thing on my way back, that would be the pits

Maybe this works in a big urban centre but the whole world is not a big urban centre

Thanks for mentioning Japan and Korea

https://files.ikt.id.au/y0q8ls.webp

Japan, South Korea and North Korea would all fit into a space the size of our second smallest state Victoria but that state has a population of 8 million, the combined Korea’s and Japan would be 200 million

Speaking of large population sizes:

We are nearly as big as China but with 1.4 billion, if you took their desert which has fuck all trains and transposed that onto Australia we’re actually pretty close in terms of trains and public transport

But regardless:

One in Four Japanese Households Do Not Own A Car

https://www.nippon.com/en/japan-data/h00416/auto-appeal-fades-one-in-four-japanese-households-do-not-own-a-car.html

Which leaves 3 in 4 who do own a car, so much for skill issue right :)

The only reason cars are good right now is because countries like US and AU went 100% all in on cars

Not 100%, Melbourne kept its trams around and Victoria still has massive car use

We’re just a huge massive low density country so it’s hard to compare to inner western europe

Yes, the industry as a whole I’d say was stagnating before AI came along, Windows 11 was full of garbage and cramming ads and games into the start menu and that was released a year before ChatGPT3.5

Have you?

sadly yes

https://translink.com.au/service-updates/june-july-26

and as mentioned I need my car to get there:

Trains especially so, my local train would be a 20-30 minute walk away and it goes far south and to the city, if i don’t want to go to either of those I’m in for a 5 hour marathon of a trip at best