Alright so, I’m going to just state this is from my own opinion. The opinion of an artist and creative, who has seen people rightfully disintegrate and become socially isolated because of AI and its effects on them. I am not a neutral party here, I am not the one who sees the value in this stuff generally since I am in a type of industry where the losses from AI are already irrationally bad and has uprooted lives while also destroying families. I apologize if I am blind to obvious examples to the contrary, but I truly do not see the hype and power people do with this technology. I see genuine worry, and rightful panic. I do not believe in AI so much so that I take great umbrage with anyone who actually do on account of them being tools of abusers who don’t even seem to understand the limits of what they have made…and how obviously now it will not make god as the early hype-man has claimed it will. Let me just ask the question outright, How is Ed Zitron not right? Ed Zitron is the ‘ANTI’ as the saying goes on these circles. He is the preacher of death, who to anyone on this broad spectrum of people affected by this ordeal has seen fit to be the standout example calling on this scam of a hype cycle for what it is. He will almost certainly to be hailed as the sane-man-amongst-monsters if the bubble does in fact pop, or at least greatly deflate to the degree of an effective popping bubble. He is a sane man and asks a few sane questions like: Where is the money for this expense? Where is the reality of this entire ordeal (beyond the hype)? Why isn’t there a business plan in place that actually warrants this incomprensible investment? 1st quandary: Where is the money for this expense? ChatGPT, Claude, Gemini, and your pic of others all are funded by venture capital and the ‘shovel salesmen’ that is Nvidia itself. The bubble, which I feel most everyone agrees exists right now, is supplied by a circle investment strategy that floats 100 billion dollars around in a circle without actually generating money or income to raise it. Nvidia sells to open AI 100 billion dollars of investment, Open AI buys 100 billion dollars of chips from Nvidia. OpenAI invests 300 billion dollars into oracle, Oracle buys 300 billion dollars of chips from Nvidia, invests in the circle to keep them afloat. This is system where no ‘money’ is made, but the market ‘grows’ due to the assumption that developments are made. Developments which, consistently, do not exist due to public backlash and genuine failed ability to make data centers: https://www.datacenterwatch.org/report . This is not growth, let alone exponential growth, its a circular investment system where nothing actually grows because its legalized fraud. And Zitron rightly, believes it is so. 2nd Quandary: Where is the reality of the ordeal beyond the hype? AI is something overhyped, even the most obviously willing man to subject themselves to this all knows it. BUT WITHOUT HYPE THERE IS NO AI. The bubble is speculation, 99% of the valuation here will not exist, and we already know its losing its luster because when reality appears: This stuff is worthless https://www.reuters.com/legal/transactional/spacex-shares-slide-below-ipo-price-blistering-rally-unravels-2026-07-15/ . Elon went from a trillionaire, to back to a multi-billionare because of this ordeal and likely will never have as much money ever again due to this entire affair being a silvered arrow to his reputation even amongst his most ardent fans. Oracle is worse off, they bet every horse they had and now they are actively imploding because it never made sense. https://finance.yahoo.com/markets/stocks/articles/oracle-stock-down-60-why-153500878.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACkIQhJhzcE8LqEuGc2cuVplGUFo_aLP5pSwYunRIjwDApgKeEFuMpGxbHfLS4CD2UPc_if7pjrkt6_JYitVvhuFwuxNNMnKIUlvemKmRTB5abiHq_ws6fdOmYkHZI1lvrbS0J4HG6n87JUVWztmD421f169JmP3N2j29HV7v9iS . For every story of some cancer cure, that likely isn’t even valid under longer scruitenty, the bigger reality is that we are in the middle of the largest recession since Covid and it will likely forstall an actual great depression if this isn’t actually prevented by the sane men involved. For every happy story, you get sixteen people who actively lose their jobs and then are rehired because it doesn’t actually make sense to lower your workforce. https://www.fastcompany.com/91571824/the-great-ai-layoff-is-turning-into-the-great-ai-rehire Or in the case of microsoft? Making a worse product so bad, that people are willing to bite the bullet of jumping to linux or another OS that isn’t actively killing itself due to vibe coding destroying it. https://www.neowin.net/news/microsoft-finally-admits-almost-all-major-windows-11-core-features-are-broken/ . Industries across this damn country bet a house on AI firing hundreds of millions of workers, and increasing productivity…the hype was wrong. 3rd Quandary: Why isn’t there a business plan that actually warrants this incomprensible investment? I don’t think people understand how incomprensible to the laymen this is: You are making data centers, loud unprofitable data centers that in cases like Elon’s Xai pollute run on gas turbines and pollute the local area with noise and smog, and we people get…nothing? We don’t get better hardware, Nvidia and AMD both gave up releasing graphics cards for the layman this year. We don’t get cheaper products, in fact in the case of just about everything that isn’t a macbook neo for its launch time…you get actively more expensive products that are more often worse. You don’t see the productivity bonuses unless you are already in industries that see bonuses, and even then studies have shown you only THINK you actually do better, when you actually aren’t. https://metr.org/blog/2025-07-10-early-2025-ai-experienced-os-dev-study/ . What about the average joe who isn’t in hardware? Well, a recession for one…and a nasty one even if OpenAI or anthropic or any of the ai companies listed don’t immediately implode…you are still gunning for stagflation and everything getting worse and more expensive forever. There is no plan, there isn’t even thoughts of a plan here…they are actively destroying hardware (to the point people conspiracy that it was the original plan), the economy, objective reality, and the internet with the business accumen of a drunkman. They have spent the GDP of germany several times over on a gambit that hasn’t made even half of a quarter of the expected wealth…and the income from it has done little more then further push people into the far right and far left because the center is clearly run by incompetent idiot who openly hate us and wish us worse. So, I ask the reader this…how isn’t Ed Zitron right? I have lost sleep over this, I have actually lost my mind trying to see what I am either actually genuinely blind too…or am I just paranoid because everyone of these positives is countered by two negatives and that is far too much for my already weak emotional state. I have no future if these people are right…and I want to believe that Zitron is right because its the only goddamn hope I have! I want to believe that its a mass psychosis of terrible people who want the worst of humanity and that in 2027 we will all laugh at how these terrible people failed. But I know that too many people had their 401ks stuck in XAI stock or oracle stock…and those people wont ever be able to retire because of this. How many years without hunger has this wealthy monsters burned, on a industry that is doomed to fail? I do not know…and I am scared to ask the people here who know it more than I. submitted by /u/Kyokyodoka
Originally posted by u/Kyokyodoka on r/ArtificialInteligence