

If they get caught I hope they start gofundmes


If they get caught I hope they start gofundmes


I think this just means that people won’t build AI data centers there (for now), which is awesome for them tbh


Thanks for asking! I was posting stuff on lemmy / piefed but it’s kind of a pain in the butt to upload multiple images here. You can read it on bluesky: https://bsky.app/profile/emilieeasie.bsky.social/post/3meh45olf4c2y pixiv: https://www.pixiv.net/en/artworks/138929314 or newgrounds: https://www.newgrounds.com/art/view/emilieeasie/unnamed-december-fundraiser-comic-part-1-read-desription ummm I also have a reddit link if anyone wants that


I raised $1,000 for charity last December drawing porn. It works!


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.


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


Is that supported by the article? Right now, data centers are still buying the products. It’s not that no one can afford them.


I’m not sure what you mean by the collapse of the tech marker?


Omg that’s so funny


Thank you for pigeon training videos. You knew exactly why I asked LOL


Trains wild pigeons where?


Just commenting so I remember to come back later, sorry 😊 I wanna see what people say


I had a boss once who was going down this path! She wanted to make a side-business selling AI slop videos with financial advice. I don’t know if it ever actually went anywhere. I found out she pled guilty to fraud a couple years before I started and made a hasty exit.


If only any governments had any appetite for enforcing anti-price fixing laws


That’s a really interesting find, thanks for sharing this. Since I left Twitter forever ago I really didn’t know it devolved this far. I’m going to start downvoting them too.


Duck.ai can tell the future? I hope


Lol, well, that’s… one way to go about it
Also maaaan it’s been a long time since I visited Jezebel


ohhh, that sounds more disparaging than it should be i feel like
the politeness of this interaction is what makes me laugh
“I know but I insist 🙏”