Just curious
6 replies (most recent on top)
It's AI bubble deflating. I guess better than a pop.
6 months ago I was convinced AI will definitely pop and all its promises are utter BS.
Now with Oracle and other companies stock sliding down gradually and with Codex actually rolled out in Oracle, I started using it in all my development - yeah, it's not a fad, this will stay and raised productivity dramatically in our dev tasks. So may be it's possible to avoid a pop.
The drop in stock price isn't due to the number of headcount or layoffs; it’s being driven by the company’s massive debt.
Layoffs are not going to fix the issue.
ORCL is selling dinosaur bones !!!
How much partitioning, compression, lifecycle or RAC do you need ??
Figured out four flavors of Exadata: prem, C@C, CC, and MC
@ac when a ship has loads of hole in it, you can try throwing the crew overboard to lessen the weight. It will still sink though.
@ab Also, the large layoffs have been known for a long time, so they were already built into the stock price. It wasn’t a surprise layoff.
- Very risky investment
- Negative cash flow, running low on cash
- Poor credit rating
- Majority of backlog is on one also risky customer
- The magnitude of layoffs indicate structural issues before and after
- Overall saas dumping