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Ed Zitron

@edzitron • 149,253 subscribers

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This Is The Kind Of Shit I Am On

This Is The Kind Of Shit I Am On

1,471,855 views

This happened to me the other week

This happened to me the other week

75,277 views

Honestly this may be my favourite interview I've ever given

Honestly this may be my favourite interview I've ever given

51,667 views

Jensen Huang just spent several minutes talking to remote controlled robots, truly bizarre

Jensen Huang just spent several minutes talking to remote controlled robots, truly bizarre

16,208 views

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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.
8:05
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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 Zitron

2,014,482 views • 2 months ago

Joined CNBC's Squawk Box to talk about how 70% of AI revenues are coming from Anthropic and OpenAI, NVIDIA's vendor financing by proxy, and how outside of unprofitable and unsustainable AI labs, there's single-digit billions of dollars of demand for AI compute and software.
7:42
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Joined CNBC's Squawk Box to talk about how 70% of AI revenues are coming from Anthropic and OpenAI, NVIDIA's vendor financing by proxy, and how outside of unprofitable and unsustainable AI labs, there's single-digit billions of dollars of demand for AI compute and software.

Ed Zitron

408,329 views • 27 days ago

Really appreciated Bloomberg having me on again to talk about the lie of AI - everyone's buying into the mag7 believing CapEx is going towards diverse AI demand, when all it's really doing is supporting the circular cloud revenues of two unprofitable, unsustainable AI labs.
8:48
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Really appreciated Bloomberg having me on again to talk about the lie of AI - everyone's buying into the mag7 believing CapEx is going towards diverse AI demand, when all it's really doing is supporting the circular cloud revenues of two unprofitable, unsustainable AI labs.

Ed Zitron

331,527 views • 1 month ago

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.
0:31
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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 Zitron

540,788 views • 2 months ago

Here’s my full segment on MS NOW with Ari Melber about becoming “the leading expert voice on the bearish case against AI,” the end of hypergrowth, and how AI’s costs and losses are magnitudes higher than those that built Amazon Web Services, and even Amazon itself.
12:07
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Here’s my full segment on MS NOW with Ari Melber about becoming “the leading expert voice on the bearish case against AI,” the end of hypergrowth, and how AI’s costs and losses are magnitudes higher than those that built Amazon Web Services, and even Amazon itself.

Ed Zitron

104,202 views • 19 days ago

Here's my interview with CNBC on how Zuckerberg's vacuous talking points about AGI and open source exist to distract from how Meta burned $180bn in capex (and more off-balance-sheet) to make also-ran LLMs that don't deliver an iota of the promise of "personal superintelligence."
4:08
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Here's my interview with CNBC on how Zuckerberg's vacuous talking points about AGI and open source exist to distract from how Meta burned $180bn in capex (and more off-balance-sheet) to make also-ran LLMs that don't deliver an iota of the promise of "personal superintelligence."

Ed Zitron

192,002 views • 1 month ago

Despite myths that there's "incredible demand for AI," 70%+ of hyperscaler AI revenues come from OpenAI and Anthropic. In FY26, $24.1bn of Microsoft's $34.33bn in AI revenue came from OpenAI - meaning that GPU rentals and AI software are single-digit billion dollar businesses.
1:32
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Despite myths that there's "incredible demand for AI," 70%+ of hyperscaler AI revenues come from OpenAI and Anthropic. In FY26, $24.1bn of Microsoft's $34.33bn in AI revenue came from OpenAI - meaning that GPU rentals and AI software are single-digit billion dollar businesses.

Ed Zitron

115,379 views • 27 days ago

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.
1:49
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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 Zitron

273,404 views • 2 months ago

Joined Bloomberg to talk about how AI’s ridiculous promises, demands for capital and egregious circular financing are a vulgar display of wealth inequality, OpenAI’s worrying price cuts, and how the most dangerous companies running AI models are Anthropic and OpenAI themselves.
8:53
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Joined Bloomberg to talk about how AI’s ridiculous promises, demands for capital and egregious circular financing are a vulgar display of wealth inequality, OpenAI’s worrying price cuts, and how the most dangerous companies running AI models are Anthropic and OpenAI themselves.

Ed Zitron

119,868 views • 1 month ago

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.
1:30
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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 Zitron

231,421 views • 3 months ago

There is no "value," nor are there "profits" to share from a company like OpenAI. The only reason that the entire tech industry is focused on AI is because they're completely out of hypergrowth ideas.
0:50
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There is no "value," nor are there "profits" to share from a company like OpenAI. The only reason that the entire tech industry is focused on AI is because they're completely out of hypergrowth ideas.

Ed Zitron

143,228 views • 2 months ago

One of the (many) reasons I think people are so anti-AI is that it’s a gratuitous display of wealth inequality. The average person’s life is difficult, expensive, and getting any kind of loan sucks - unless you’re raising billions of dollars to build an AI data center.
1:04
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One of the (many) reasons I think people are so anti-AI is that it’s a gratuitous display of wealth inequality. The average person’s life is difficult, expensive, and getting any kind of loan sucks - unless you’re raising billions of dollars to build an AI data center.

Ed Zitron

72,779 views • 1 month ago

UBS estimates that 48% of Google Cloud's 2027 revenues will come from Anthropic and OpenAI, who represent 70% of AI revenues across Amazon, Google and Microsoft. For hyperscalers to meet expectations, AI labs must raise hundreds of billions of dollars in the next three years.
1:01
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UBS estimates that 48% of Google Cloud's 2027 revenues will come from Anthropic and OpenAI, who represent 70% of AI revenues across Amazon, Google and Microsoft. For hyperscalers to meet expectations, AI labs must raise hundreds of billions of dollars in the next three years.

Ed Zitron

47,189 views • 27 days ago

These videos make me feel like I'm going insane
1:05
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These videos make me feel like I'm going insane

Ed Zitron

1,124,140 views • 2 years ago

what's important to know about this is that it was a prime time TV show in England for many years
1:08
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what's important to know about this is that it was a prime time TV show in England for many years

Ed Zitron

1,314,029 views • 3 years ago

NVIDIA has created vendor financing by proxy - it's the vendor, the customer and the backstop, using equity investments and GPU contracts to help secure funding for neoclouds without ever having to risk its credit. All of the benefits, none of the risk.
1:34
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NVIDIA has created vendor financing by proxy - it's the vendor, the customer and the backstop, using equity investments and GPU contracts to help secure funding for neoclouds without ever having to risk its credit. All of the benefits, none of the risk.

Ed Zitron

36,535 views • 27 days ago

Dario Amodei of Anthropic claims to love American values, and I can think of nothing more American than competition. Yet his approach - masked as an "AI arms race with China" - is focused on crushing open source models that are competing with Claude at a lower price.
0:49
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Dario Amodei of Anthropic claims to love American values, and I can think of nothing more American than competition. Yet his approach - masked as an "AI arms race with China" - is focused on crushing open source models that are competing with Claude at a lower price.

Ed Zitron

35,965 views • 27 days ago

"So the value of golden eggs, and the value of the goose, should be seen, not only just by egg value." I couldn't agree more. Bravo, Masayoshi Son. I'm glad somebody said this.
0:27
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"So the value of golden eggs, and the value of the goose, should be seen, not only just by egg value." I couldn't agree more. Bravo, Masayoshi Son. I'm glad somebody said this.

Ed Zitron

82,058 views • 2 months ago

Went on the BBC to talk about Anthropic's funding, financials, and the greater AI bubble
3:25
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Went on the BBC to talk about Anthropic's funding, financials, and the greater AI bubble

Ed Zitron

87,176 views • 3 months ago

Joined BBC News to talk about AI capex, the AI bubble, and OpenAI being the Lehman Brothers of AI.
3:06
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Joined BBC News to talk about AI capex, the AI bubble, and OpenAI being the Lehman Brothers of AI.

Ed Zitron

29,628 views • 1 month ago