446
you are viewing a single comment's thread
view the rest of the comments
[-] TheFeatureCreature@lemmy.ca 181 points 1 month ago

Microsoft has gone all-in on AI to the detriment of basically every other aspect of their business. They are in deep deep shit when the bubble finally pops.

[-] OldQWERTYbastard@lemmy.world 80 points 1 month ago

And I am so ready for the bubble to burst.

15% of the total United States GDP is a single company. I struggle to comprehend the scale of that, but one thing is for certain; it's going to bite us in the ass eventually.

[-] kinsnik@lemmy.world 86 points 1 month ago* (last edited 1 month ago)

15% of the total United States GDP is a single company

no, it is not. you struggle to comprehend it because it is not true.

it is comparing different things. one is a valuation, the other is the value of goods and services over a year. the comparision would be with yearly revenue of a company

[-] OldQWERTYbastard@lemmy.world 3 points 1 month ago

Thanks for the clarification.

[-] wewbull@feddit.uk 1 points 1 month ago

The stat that's going around at the moment is that 30% if the GDP is transactions between the "Magnificent 7". That one is fair because it's economic activity.

The underlying economy is in recession with the AI frosting on top pushing it to break even levels.

[-] Cyberflunk@lemmy.world 7 points 1 month ago

15% of American GDP is approximately $4.57 trillion.

[-] OldQWERTYbastard@lemmy.world -1 points 1 month ago

Absurd, isn't it?

[-] SkunkWorkz@lemmy.world 4 points 1 month ago

Stock valuation of a company is not calculated int the GDP. Only domestic revenue is. There is no company that makes trillions in revenue.

[-] Grainne@lemmy.dbzer0.com 1 points 1 month ago* (last edited 1 month ago)

It's not one company, but the top 5 companies make up 40% of South Korea's economy, with the top 30 76.9% of their GDP. It's scary to imagine the power they wield over the peoples lives.

[-] boonhet@sopuli.xyz 2 points 1 month ago* (last edited 1 month ago)

Power over their lives? Nonsense, the people of S~~amsung~~outh Korea are completely free to use iPhones instead of Samsung phones if they want! They can also leave their Samsung apartments to work at the Samsung office, built by the Samsung construction company using Samsung heavy machinery, any time they want! If they were to get injured on the way, they'll get treated at Samsung Medical Center and not to worry, of course their Samsung insurance will cover it.

[-] PrinceOfSloth@lemmy.zip 54 points 1 month ago* (last edited 1 month ago)

dont worry govt bailouts with public money will come in. Socialism for the rich and capitalism for the poor.

[-] jali67@lemmy.zip 6 points 1 month ago

Completely gave up on the console wars thing too for AI. Such ridiculous leadership by Sadya

[-] Rooty@lemmy.world 6 points 1 month ago

Fingers crossed 🤞

[-] MrScottyTay@sh.itjust.works 5 points 1 month ago

Azure might keep them afloat but everything else will likely crumble and they'll have to downsize to mostly just being a cloud provider.

[-] Dojan@pawb.social 1 points 1 month ago

Gods I wish for this.

[-] boonhet@sopuli.xyz 1 points 1 month ago

Don't worry, they have like 250 ERPs too. And they're way more expensive than, say, Odoo, though I guess not as expensive as SAP.

this post was submitted on 02 Dec 2025
446 points (98.9% liked)

Technology

79055 readers
520 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. 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.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS