I think it's more a matter of "taking power tools away from toddlers."

If you know how to work with it it's great, but if you use it indiscriminately it does more harm than good.

yeah, oracle is literally betting the future of the company on OpenAI owning the majority of the AI market, so it's pretty strange to see such a ban. Their debt is already pretty much junk (and I'm not exaggerating, it is rated BBB- by s&p)