Post

Ed Zitron
@edzitron.com

Decided to pull out an important part of the interview. Generative AI is often justified with comparisons to the cost of Amazon Web Services ($57bn) or Uber's ($32bn) in losses, when its costs and losses are hundreds of billions of dollars worse. And there's no post-bubble redemption story.

Ed Zitron@edzitron.com

Anthropic and OpenAI are dangerous and unsustainable companies that shouldn’t be taken public. The AI bubble is a con and retail investors are the marks. AI doesn’t have ROI, it’s nothing like AWS or Uber, and it’s got no post-bubble recovery story. www.youtube.com/watch?v=zbKD...

youtube.comAnthopic, OpenAI Should Not Be Allowed to IPO, Says Ed ZitronYouTube video by Bloomberg Podcasts
Zac Trolley
@zactrolley.com

The scope of what's happening is astounding. The AI industry is burning through money like nothing else in history.

0 reposts18 likes