Jacob Pedersen
GabrielYou just don't understand the fourth industrial revolution
新艾利都利益相关者@gabriel 300B dollars of value generated btw
Claudius Link
Steve Foerster 🌐
atopoeia-o@[email protected] Tictokk feeds into Oracle as of next month I think. The Oracle will need a trash can as output. #InspirationalDiagramUpdate
RootWyrm 🇺🇦
@gabriel no, no, I understand it perfectly.
I just don't *want* to.
I just don't *want* to.
Spork ✌️@gabriel this is just money laundering right?
Colin
Matt Palmer
Knut 🏳️🌈 🇳🇴🧸@gabriel I'm a systems architect, and there is lots of money to be made with the data centers....if you can get them to pay their invoices. All three of them are terrible at paying their invoices. I've heard of people being 60 days out and not making payroll. And they finally pay when nobody shows up. I don't think either three of them know what the fuck their doing, TBH. It's a cluster.
Luuk_AaldersCirculaire energie
catraxx 
@gabriel How to go bankrupt for dummies
Dr. ir. Brian R. Pauw@gabriel you don’t understand the tax benefits of this arrangement. Now each of them has a 100b deductible!
Jacket@gabriel Is it to create illusion of growth?
Kenner@gabriel 300 billion has been created in GDP in this image
StarkRG@kennergf @gabriel To be fair, economies aren't sustained by the mere existence of money, but by money moving through them. That said, this kind of deal is clearly unhealthy as it kinda creates its own tiny economy, separate from the primary. It's a bit like how the occasional first-cousin marriage isn't too bad, but if you make a habit of it, then the isolated gene pool becomes stagnant and fetid.
Aleksandr Koltsoff
raboof@kennergf @gabriel not to be a party pooper, but looking at https://en.m.wikipedia.org/wiki/Gross_domestic_product isn't that compensated for?
When using the 'production approach' it'd fall under 'intermediate consumption', for the 'income' approach the income would be balanced by the expense. I don't quite understand the 'expenditure' approach, is that the one you're referring to? Seems surprising if that would be so fundamentally different.
Not saying GDP is a particularly strong measurement of anything, though, to be clear.
@kennergf doesn't that one also only count "final uses" and not "intermediate consumption"? I'd say the above would be "intermediate consumption"?
(again, not saying GDP is good, but it's not *that* comically bad AFAICT)
Robert Kist 🇦🇹🇸🇬@gabriel Basically nVidia gets some voting rights or other perks from OpenAI for free, because OpenAI somehow has to give them something for that investment. Not a dumb move, for nVidia
@kwramm nvidia votes for openai to keep buying lots of GPUs.
JWcph, Radicalized By Decency@gabriel It's the subprime mortgage crisis, except with better branding and WAY! worse...
embix@gabriel Unfortunately, we can no longer ask Bernie Madoff. I bet he could have.
Timothy Wolodzko
Oliver Schafeld🤖♻️…
🤔
Makes one wonder, what might collapse first? The AI models or the bubble? 🫣
eggbreaker.exe@[email protected] #alt4you
An image of a multi socket extension cord plugged into itself.
This is followed by a diagram explaining the current business relationship between OpenAI, Oracle and Nvidia, in which OpenAI gives $100000000000 to Oracle, who then gives it to Nvidia, who then gives it back to OpenAI.
An image of a multi socket extension cord plugged into itself.
This is followed by a diagram explaining the current business relationship between OpenAI, Oracle and Nvidia, in which OpenAI gives $100000000000 to Oracle, who then gives it to Nvidia, who then gives it back to OpenAI.
Morten Juhl-Johansen@gabriel In an interesting if unsurprising twist, it turns out to be a circle of jerks.
Michael Westergaard
Joacim Jacobsson@gabriel wonder who among them will be first to realize that they are playing hot potatoe with $100b…
Jocelyn
J. David Eisenberg@gabriel *sigh*
Photo of a power strip with the cord plugged into one of the sockets.
Beneath it, a diagram showing a triangle with the logos of OpenAI, Oracle, and NVidia. Arrows labeled "$100 billion" connect OpenAI to Oracle, Oracle to Nvidia, and Nvidia to OpenAI.
Mihail Zdravkov@gabriel is this the circular economy I’ve heard so much about?
Catgirl Nouveau@gabriel Artists 🤝 AI Companies
Constantly passing the same money between each other
@gabriel To be clear this is not meant to impugn artists; it just struck me funny that these companies are just passing the same $5 around
hgfernanPossibly not the same money, @SaberaMesia
Each company is likely to see its market value grow by more than $100 billion, because an investment of that size makes a company significantly more capable of generating future value—a prospect that drives up its stock price.
@hgfernan yeah because market value is fake, thanks, I know how it works
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2xfo@gabriel
Oh shit, they're gonna pump America's GDP* through the roof!
*GDP is probably a better measure of economic redundancy and wealthy parasitism than any personal well being
whitefish 
@gabriel Stock crash when? 
Johan@gabriel GDP increase of $300 billion!!!!!!! https://www.reddit.com/r/Jokes/comments/qp49wz/two_economists_are_walking_in_a_forest_when_they/
Sir David Nielsen
Milly@gabriel Don't forget the three arrows that is everyones pension money being "invested" into this lunacy... burst already.
demofox@gabriel the faster it moves, the more the stock goes up
Rob Ricci@gabriel Ed Zitron has pointed out that NVIDIA is now doing almost exactly the thing that brought Enron down
Bebadefabo
Ramon
Humble Fan of Atty. Woois that how trump plugs in his computer?
Seachaint@gabriel Alt text: Above - A North American multi-plug extension strip, plugged into itself. Below: a circular directed graph of Oracle, nVidia, and OpenAI each investing USD$100B in one another.
Schrödiɲger's Enby 
@[email protected] corporate circlejerk
Olli Graf🚟@gabriel I think that's called money laundering.
Microfractal 🫖
For I am CJ 
Wait... wasn't that also how "Web 3" worked?
Lioh@gabriel I still don't understand WHY Oracle is in that picture.
zendao42@gabriel
Ouroboros power?
Ouroboros power?