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A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 2 days ago by Some_Emo_Chick@lemmy.world to c/technology@lemmy.world
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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[-] ShotDonkey@lemmy.world 25 points 2 days ago

::: capitalism ::: is running on borrowed money.

[-] heartSagan5@lemmy.zip 4 points 1 day ago

Yeah. In the US, the system works like this. For every dollar minted, it is an IOU to the very big bank as per the contract.

this post was submitted on 17 Jul 2026
316 points (96.5% liked)

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