Glyn MoodyJun 6
The AI vibe shift is real: Why the backlash is growing - https://mashable.com/tech/ai-backlash-vibe-shift excellent summary of #ai's current and growing problems...
The AI vibe shift is real: Why the backlash is growing

As 'tokenmaxxing' dies out, Silicon Valley is having second thoughts.

Mashable
Show threadNicole Parsons

@glynmoody

There are signs that the foreign loans financing Larry Ellison & Elon Musk are in trouble.

"Banks seek out new buyers for Oracle data centre loans"
https://www.ft.com/content/90aa74a5-b39d-4131-a138-367726cb18fb
https://archive.is/hvt1X

https://www.bloomberg.com/news/articles/2026-04-08/pimco-seeks-to-sell-parts-of-14-billion-oracle-data-center-debt

https://www.businessinsider.com/oracle-doubles-down-on-data-center-spending-cost-cutting-2026-3

"Banks seek to offload risk to avoid ‘choking’ on data centre debt"
https://www.ft.com/content/08aba5e4-5834-4e79-a48d-989a2c5bad0f
https://archive.is/QoKmI

Financiers are doing what they did for Musk & Twitter; dumping the debts on Greater Fools, at a steep discount.

1/

Banks seek out new buyers for Oracle data centre loans

Rare investment-grade rating helps attract insurers and private credit funds to construction debt

Financial Times
Jun 6 at 3:52pmWeb
Show threadNicole ParsonsJun 6

2/

https://fortune.com/2024/08/20/elon-musk-tesla-twitter-leveraged-buyout-debt-banks-barclays/

https://www.reuters.com/markets/us/how-will-elon-musk-pay-twitter-2022-10-07/

Question: why are banks & private lenders so willing to lose money for AI billionaires?

https://www.wsj.com/finance/banking/elon-musk-x-twitter-debt-sale-a1ef2b5a

https://www.theatlantic.com/technology/2026/03/ai-boom-polycrisis/686559/

"How Wall Street offloaded $13bn of debt tied to Elon Musk’s Twitter deal"
https://www.ft.com/content/51c51b49-57fc-435d-9146-e86d7b19ca81
https://archive.is/FButV

https://www.theguardian.com/technology/2023/jan/22/elon-musk-twitter-debt

https://www.cnbc.com/2023/07/15/elon-musk-says-twitter-cash-flow-remains-negative-with-heavy-debt-.html

https://www.bloomberg.com/news/articles/2025-01-27/x-debt-shopped-with-6-billion-sweetener-from-elon-musk-s-ai-bet

https://slate.com/technology/2023/10/x-linda-yaccarino-debt-cash-flow-positive.html

Elon Musk’s Twitter deal may be the worst leveraged buyout deal for banks since Lehman, raising risks to Tesla

Banks had hoped to package and sell Musk's LBO debt to investors. Instead, it's sat on their balance sheet, tying up capital, for almost two years.

Fortune
Show threadNicole ParsonsJun 6

3/

https://www.techpolicy.press/trump-and-big-techs-pr-campaign-for-data-centers-is-too-little-too-late/

https://www.barrons.com/articles/ai-energy-utility-stocks-buy-7cf4c92f

https://www.nytimes.com/2025/11/10/technology/ai-data-centers-debt-risks.html

https://finance-commerce.com/2026/02/off-grid-ai-data-centers-natural-gas-power/

The petrostate despots & oil oligarchs that are pushing AI; they are experts at the Three Card Monte scam.
https://medium.com/the-future-is-electric/oil-gas-uses-carbon-capture-as-three-card-monte-79434c12a051

https://www.cbc.ca/news/canada/british-columbia/salman-rushdie-golden-house-donald-trump-1.4297713

https://phys.org/news/2026-04-magicians-doesnt-eyes-card-monte.html

Trump and Big Tech’s PR Campaign for Data Centers is Too Little, Too Late

Energy bills are just the tip of the iceberg when it comes to the costs of hyperscale data centers, writes Jenna Ruddock.

Tech Policy Press
Show threadTheNovemberFella ✊🏳️‍🌈 🇺🇦☸️🛰️🚀Jun 7
@Npars01 I hate that fucking guy #Elon #Elmo #Nazi #Racist #Facist
Show threadNicole ParsonsJun 7

@TheNovemberMan

Musk & Zuckerberg have a long history of huge financial miscalculations, yet they remain in leadership.

The Moneyed see something in a Trump, Thiel, Ellison, Zuckerberg, and Musk that is worth their time & attention.

Over and over, banks lend money to such despots and wannabe dictators, and incur big losses.

Show threadDavid J. AtkinsonJun 7
@Npars01 @TheNovemberMan Banks hedge against potential losses. They must perceive the potential loss is higher if they were not to pander to the wannabe dictators. They are amoral.
Show threadNicole ParsonsJun 7

@meltedcheese @TheNovemberMan

Deutsche Bank funneled money from Putin's oligarchy to Trump for decades.
It laundered the looted national treasuries of the former Soviet regime through money-losing casinos, real estate, & golf courses.

Fading empires do a lot of money laundering for oppressive regimes.

The Bank of England laundered Nazi gold confiscated from Czechoslovakia. It funded Hitler's war.

Neville Chamberlain, an insider in finance, must have known .

The oil industry is the same.

Show threadTheNovemberFella ✊🏳️‍🌈 🇺🇦☸️🛰️🚀Jun 7
@Npars01 @meltedcheese Truth
Show threadTheNovemberFella ✊🏳️‍🌈 🇺🇦☸️🛰️🚀Jun 7
@Npars01 It's the facisim. The wealthy believe they can control the masses through the governments they have purchased. One can only hope that we masses have enough anger and frustration to push back hard enough to stop the slide.
Facisim is just like communism, in that no matter how many times we show that human nature will corrupt it into a horror show, there's always someone who thinks, "Oh no, this time will be different because I'm smarter."
No one ever is.
Show threadGlyn MoodyJun 6
@Npars01 <fingers crossed/>