Omg this all needs to be country-wide
EmilieEasie
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- 13 Comments
- EmilieEasie@fedinsfw.apptoUplifting News@lemmy.world•New York City to become first in US to ban deceptive subscription practicesEnglish39·5 days ago
- EmilieEasie@fedinsfw.apptoTechnology@lemmy.world•Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for FreeEnglish2·7 days ago
Obviously I like this article, but in general I’ve seen Futurism pop up a few times and enjoyed their articles. I wonder if I should subscribe
- EmilieEasie@fedinsfw.apptomemes@lemmy.world•"Happens in life, happens in movies, happens in TNT"English31·8 days ago
Just feels weird coming from a Pedrobear
- EmilieEasie@fedinsfw.apptomemes@lemmy.world•"Happens in life, happens in movies, happens in TNT"English51·8 days ago
OP bragging that when he was in 4th grade he was actually completely mature, unselfish, and ready for a relationship
- EmilieEasie@fedinsfw.apptoTechnology@lemmy.world•Thieves Are Now Targeting AI Data Center Construction Sites for Copper and Expensive EquipmentEnglish3·8 days ago
If they get caught I hope they start gofundmes
- EmilieEasie@fedinsfw.apptoTechnology@lemmy.world•Illinois Drops the Hammer on AI Companies. Pritzker isn't playing.English91·8 days ago
I think this just means that people won’t build AI data centers there (for now), which is awesome for them tbh
- EmilieEasie@fedinsfw.apptoPolitical Memes@lemmy.world•Losers marching in DC right nowEnglish19·11 days ago
Oh right, theyre still not happy with the rate of kidnapping and terrorizing non-whites
- EmilieEasie@fedinsfw.apptoPolitical Memes@lemmy.world•Losers marching in DC right nowEnglish15·11 days ago
I’m perplexed, what are they protesting?
- EmilieEasie@fedinsfw.apptoPC Master Race@lemmy.world•Possibly the beginning of the collapse of the tech market - driven entirely by greedy memory manufacturersEnglish6·11 days ago
That’s not what that article says, though. It says this:
According to Taiwan’s Commercial Times, companies including Adata, TeamGroup, Apacer, Innodisk, Transcend Information, and Silicon Power are collectively raising more than NT$28 billion, or roughly $880 million, through convertible bonds, syndicated loans, and private share placements to fund memory chip purchases.
That’s spread out across at least 6 companies, not 3, and it’s not an 880 million loan, it’s a combination of loans and stock. That’s a lot of money, but it’s not an indication of distress. Corporations take “not small” loans frequently. To some degree, it’s bad business NOT to have liabilities.
None of these are traded in the US, so it’s a little out of my wheelhouse to look up their proxy statements/10Ks, or whatever the equivalent is on the Taiwanese exchange, so I have no idea what the covenants are for any of these loans (e.g. if they’re secured by assets) and I’m totally open to it if someone has hard evidence that these corporations are in any immediate danger of being unable to cover their loans, but I don’t see it in the article OP linked or the one you did.
I think there’s a lot of wishful thinking going around the AI bubble. We all wanna see it pop. But the unfortunate truth is that sometimes it takes a really long time for a bubble to finally pop.
- EmilieEasie@fedinsfw.apptoPC Master Race@lemmy.world•Possibly the beginning of the collapse of the tech market - driven entirely by greedy memory manufacturersEnglish3·11 days ago
That makes a lot of sense to me, but there’s no evidence that those companies are in significant distress yet and not really the same thing as the collapse of the entire tech sector
- EmilieEasie@fedinsfw.apptoPC Master Race@lemmy.world•Possibly the beginning of the collapse of the tech market - driven entirely by greedy memory manufacturersEnglish11·11 days ago
Is that supported by the article? Right now, data centers are still buying the products. It’s not that no one can afford them.
- EmilieEasie@fedinsfw.apptoPC Master Race@lemmy.world•Possibly the beginning of the collapse of the tech market - driven entirely by greedy memory manufacturersEnglish121·11 days ago
I’m not sure what you mean by the collapse of the tech marker?
If there’s no pressure to go onto the next call that’s actually not a bad gig! I’ve never worked at a call center like that, though. Call centers are really hard places to work that pay terrible.