Ed Zitron is clueless. He’s the Jim Cramer of AI.
A broken clock…
A broken clock…
"Aswath Damodaran: Big Tech Has No Idea How AI Pays Off" - https://news.ycombinator.com/item?id=49229981
"Why Wall Street is Ignoring Big Tech's Debt" - https://youtu.be/NufJ7g63KSY
"Just how big is the hidden leverage of AI hyperscalers?" - https://archive.is/iLeYs
Lots a broken clocks would you say?
Ed Zitron is bearish on everything to do with AI.
I also don't believe the ROI is great investing in OpenAI and other similar corporations. But unlike Ed, I see the value in the technology. It's just the valuations that are wrong.
Now dont you go around quoting Ed Zitron :-) not fair...
"is bearish on everything to do with AI", "(not) see the value in the technology"
You totally got it wrong.
To be fair, and I haven't read Zitron in the last 6 months because I have a busy life, previously he also said AI was mostly useless. If he's come around on coding agents, I don't know.