
Ed Zitron
@edzitron • 136,707 subscribers
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Here's my full interview with CNBC, covering my bear case against generative AI, OpenAI's questionable finances, AI's lack of ROI, and how all of this is a symptom of the tech industry running out of hypergrowth ideas. It's great to see the mainstream media discussing this.
Ed Zitron2,000,073 Aufrufe • vor 22 Tagen

One of the biggest lies of the AI bubble is that Microsoft, Google, Amazon and Meta are "growing because of AI." In reality, they're using the continued growth of their other business units to cover the meager returns from AI, and the massive waste of their trillion+ in capex.
Ed Zitron535,375 Aufrufe • vor 21 Tagen

Generative AI is a $30 billion TAM industry pretending to be a trillion-dollar one, propped up by circular financing from NVIDIA and desperation from hyperscalers like Oracle, who has mortgaged its entire future on the idea that OpenAI can pay it $75bn a year for compute.
Ed Zitron272,205 Aufrufe • vor 22 Tagen

Needed to pull out an important part of the interview. AI is often justified by comparing it to Amazon Web Services' ($57bn) or Uber's ($32bn) losses, when its costs/losses are hundreds of billions of dollars worse. There'll also be little useful infrastructure left behind.
Ed Zitron231,174 Aufrufe • vor 1 Monat

what's important to know about this is that it was a prime time TV show in England for many years
Ed Zitron1,313,983 Aufrufe • vor 3 Jahren

Went on the BBC to talk about Anthropic's funding, financials, and the greater AI bubble
Ed Zitron87,158 Aufrufe • vor 2 Monaten
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