Fediverse vs Disinformation

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Pointing out, debunking, and spreading awareness about state- and company-sponsored astroturfing on Lemmy and elsewhere. This includes social media manipulation, propaganda, and disinformation campaigns, among others.

Propaganda and disinformation are a big problem on the internet, and the Fediverse is no exception.

What's the difference between misinformation and disinformation? The inadvertent spread of false information is misinformation. Disinformation is the intentional spread of falsehoods.

By equipping yourself with knowledge of current disinformation campaigns by state actors, corporations and their cheerleaders, you will be better able to identify, report and (hopefully) remove content matching known disinformation campaigns.

Community rules

Same as instance rules, plus:

No disinformation
Posts must be relevant to the topic of astroturfing, propaganda and/or disinformation

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Oracle and the AI Boom’s Hidden Debt Bomb (www.inc.com)

submitted 1 month ago* (last edited 1 month ago) by supersquirrel@sopuli.xyz to c/fediverse_vs_disinfo@lemmy.dbzer0.com

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The collateral itself is another problem. If AI demand has been even a bit overestimated, then the value of these assets could plummet far enough to wipe out many of the parties involved, even with RVGs in place. A February report from the ratings agency Moody’s flagged that hyperscalers—not OpenAI, but the public companies Amazon, Meta, Alphabet, Microsoft, and Oracle—have amassed more than $662 billion in off-balance-sheet commitments, more than all the debt on their balance sheets.

...

The words of JPMorgan CEO Jamie Dimon, delivered after the Tricolor and First Brands crises, have loomed large over Wall Street for the past eight months: “When you see one cockroach, there are probably more.”

Do not believe the hype, AI has yet to prove it is a real, profitable industry and I fear the consequences of so many people believing wild misinformation about AI being far more useful than it is.

also see https://frontline.thehindu.com/economy/ai-ipo-boom-market-valuation-risks/article71060298.ece

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[–] Two_Hangmen@midwest.social 4 points 1 month ago

This is going to be worse than the housing market crash in 2008. Everyone is going to keep trying to cash in as long as they can, until the house of cards falls.