⟳ Репост от Jimmy Churri
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 ZitronHere'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. youtu.be/TtmPccUTDP8?...