Ed Zitron, author of the newsletter 'Where's Your Ed At', published 'The AI Hater's Manifesto', a critical essay arguing that the AI industry is a bubble funneling money to NVIDIA and Broadcom, and th…
OpenAI CEO Sam Altman admitted on the Founders Podcast that he and others in the industry were 'too ambitious' about the speed of AI adoption, saying the economy has 'so much inertia' and will adapt m…
A developer recommends videos and podcasts by software veteran Carl Brown, highlighting his commentary on the AI bubble and his analysis of the 'OpenAI Hacks HuggingFace' incident, which he uses to il…
OpenAI closed a $7 billion tender offer on August 10, 2026, at an $852 billion valuation, followed by the departures of COO Brad Lightcap and CRO Denise Dresser, prompting Ed Zitron's newsletter to qu…
Apollo Capital chief economist Torsten Slok noted that while chipmakers and energy providers profit from AI, the AI companies themselves are losing money, threatening the industry's sustainability. Ch…
A new analysis argues that AI spending only makes sense if customers buy roughly $1.2 trillion of tokens a year, rising to $2.5 trillion by 2031, and concludes the buyer is payroll, with no return on …
Ed Zitron, a media commentator, has been criticized for his claims about artificial intelligence, with critics arguing his arguments are misleading and constitute a 'con.' The critique, published on Y…
Steve Eisman, the investor known for 'The Big Short,' said Anthropic and OpenAI are the 'Achilles' heel' of the AI trade, warning that a price war with cheaper Chinese models could hurt the two AI lab…
A newsletter by Ed Zitron reports that financial analysts from Wells Fargo, Barclays, and UBS estimate that 70% or more of the AI revenues of Microsoft, Google, and Amazon come from OpenAI or Anthropi…
Tech critic Ed Zitron told attendees at the Ai4 conference in Las Vegas that the generative-AI industry is a financial bubble, calling OpenAI 'the Lehman Brothers of AI' and arguing that companies lik…
Big Tech's latest earnings reveal that despite revenue growth of 20-30% for Microsoft, Amazon, Meta, and Google, their combined AI-related capital expenditures reached $99 billion in one quarter, lead…
UBS analysis shows OpenAI and Anthropic could account for more than 48% of Google Cloud's revenue by 2027, up from a projected 27% in 2026, raising concerns about Alphabet's infrastructure bet. Google…
A developer highlights concerns about the AI industry's use of off-balance-sheet financing, comparing it to Enron's accounting practices. Meta and Alphabet have used variable interest entities to fund…
Ed Zitron, CEO of EZPR and founder of EZ Primary Research, warns that the massive AI infrastructure spending by Microsoft and Amazon masks a risky bet, arguing that much of the capital expenditure sup…
Apple launched Apple Upgrade, a new U.S. leasing program for iPhone, iPad, Mac, and Apple Watch, in partnership with Klarna, replacing the iPhone Upgrade Program and iPhone Payments. The company also …
CleanTechnica reports that Big Tech's massive AI investments are fueled by a 'circular financing' scheme where money pours in from the finance and investment community rather than mass-market revenue,…
NVIDIA Corporation CEO Jensen Huang's 2024 claim that its Blackwell GPUs would reduce large language model inference operating costs and energy by up to 25x has been pared back to 10x, a 150% overstat…
Anthropic and OpenAI are using economic research and marketing to promote the belief that large language models will lead to massive economic shifts, despite a lack of evidence, according to an analys…
A critical response to Ed Zitron's claim that AI bond issuance represents a "subprime mortgage crisis" argues the analogy is flawed, noting that the financial dynamics of AI data center investment dif…
A blog post criticizes recent analyses of the AI bubble, particularly a Semafor article by Elizabeth Hoffman and a Talking Points Memo piece by Josh Marshall, for misrepresenting the relationships bet…