59
Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
(www.theregister.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Oct 2025
59 points (98.4% liked)
Technology
81114 readers
742 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
I look forward to the AI bubble bursting, and billionaires looking shocked, 'because there were no signs'
They won't lose any money...
In contrast to the housing bubble, where a lot of the value was in overpriced houses sold to individuals, this overpricing is almost entirely in tech stocks, and tech stocks are almost entirely owned by by the wealthiest 10%, even 1%. The tech billionaires have limited ability to divest themselves of their own overpriced companies and absolutely will lose money.
None of them are going bankrupt, they'll all be just fine when the market recovers in a few years, because that's the nature of capitalism. A bunch of peons, who convinced themselves that the bubble-value of their 401k meant it was safe to retire, will suffer, will have to go back to work - if you're not an oligarch, losing money is painful.
What housing bubble are you referring to?
https://m.imdb.com/title/tt1596363/
If you watched that movie, you would know that wasn't a housing bubble, and it had nothing to do with pricing. It had to do with lenders fraudulently selling mortgages to anyone who could fog a glass, knowing full well they wouldn't be able to repay them.
The bubble was accelerated by people assuming prices would always rise, often their own greed and flipping or becoming landlords,, and this was only possible due to the financial engineering that made lending to these folks posivle, but all of that droce the value of the underlying assets down significantly.
You claim there wasn't a bubble...look at home price values in the sunbelt in 05 vs 2009.
TF are you talking about there wasn't a bubble
There was no "financial engineering". It was just fraud.
"Bubble" does not mean "prices go up and then back down again".