"AI Companies" Running Out of Money, GAFAM Layoffs Are Signs of Weakness, Not "AI Efficiency" or Novelty
1 hour ago by Brody Ford in Bloomberg (billionaire-owned media):
Those who control the major media can control the narrative and mislead the masses (mass deceit). Last week we showed how Jack Dorsey's failing company was drowning in debt and then pretending that laying off about half its staff was about "championing" so-called 'AI'. Media everywhere repeated this lie; why did nobody bother checking the awful financial situation the company had sunk into (like Twitter beforehand)? Well, truth and facts are not always convenient, are they?
Oracle now goes through the same thing. Oracle has vast debt:
The Ellisons (Oracle) are meanwhile scooping up a lot of the biggest media and even social control media. They have already made it abundantly clear it's more about censorship and narrative control, not profit.
Earlier today we published: Microsoft and Microsoft's 'Open' 'AI' Seeking Bailout From the Pentagon Means Brand Erosion
On the demise of slop we wrote: 2026 Seems Like (Potentially) the Last Year of Slop Drowning News Sites
And yesterday we ran a series about it, culminating in: Why Slop Will Flop - Part IV - We've Seen the End of It
"AI" became something that failing companies (including IBM) say out loud to investors when they have no real (exciting/promising/competitive) products and no prospects of growth.
In the past, this term ("AI") had another meaning and connotation. It was not synonymous with "computation", it was relatively efficient, and it wasn't used for plagiarism or "deepfakes". █
Image source: Larry Ellison in the Spotlight