AI generated: "Ed Zitron is a tech analyst, author, podcaster, and the CEO of EZPR, a national public relations agency specializing in tech startups and media relations. Over the last few years, he has emerged as one of the most prominent, outspoken critics of the technology industry, particularly targeting Silicon Valley’s hypergrowth mindset, cryptocurrency, and the generative AI boom. He writes the "Where’s Your Ed At" newsletter and hosts the "Better Offline" tech podcast. Zitron’s expertise doesn’t come from a computer science background or building machine learning models himself. Instead, his expertise lies in tech economics, media analysis, and corporate PR structures. Because of his decades in tech PR, he deeply understands how Silicon Valley manufactures hype cycles to raise venture capital."

but i have worked in tech for 40 years...been a C level guy in a few companies including my current one don't worship it...it's closer to Baal than you think LOL

goes up and it goes down. I currently got 55% leverage in AI in one account. I lost 10% last 2 days meh there may be a rotation but it will come back sooner rather than later. Very smart people like Ellison are not laying off employees to free cash to afford the hyperscale. When you get a a good vibe that interest rates will lower sink everything you have in ORCL and the others. ** Edited by jdkhokie at 7/2/2026, 7:36:57 PM

You can old spend until you don't have enough, then you borrow, and you can only borrow so long. His comment on the TAM being $12B will wipe out the entire tech industry if true. But bears gonna bear.

being offer till July 7th and then they will create a higher tier. From what I have seen today, I will pay the extra juice. I speak with others in my industry and I keep hearing how AI has saved them days of work analyzing contracts and bids. Many of these people I would say are not overly intelligent. It is the future. I also think these billionaires like Musk, Zuckerberg and Bezos don't give a **** about the money. They see advancement of AI as a means to prolong their mortality. That you can not put a price on.

Engineers are 50% complying, 50% fighting it....we are starting to fire those fighting it I created a trading algo that i backed tested 10 years and it returns 30% a year, which would put me a George Soros level of trading. I believe it is incredibe but I also believe big companies are full of idiots. I have worked almost 40 years since VT and you have to face it, there are so many dumb people now in corporate america that is very very very easy to believe that companies will burn tokens, misalign incentives, and have nothing to show for spending a ton of money but faked metics achieved by the brown nosers who do PPT all day. Then they pull back spending and all of a sudden OpenAI and Anthropic can't pay their debt obligations. I had a front row seat to 96 to 2000.

They are spending a lot but they generate big revenue

"The dot-com parallel from '96 to '00 is actually the best proof that the long-term bull case is right, even if the next couple of years are going to be incredibly messy. MrBayAreaHokie is spot on about corporate reality. Right now, companies are burning millions on AI tokens just to show off fancy PowerPoint decks and fake productivity metrics to their boards. It’s the late 90s all over again, when every legacy company spent a fortune on "e-commerce consultants" who didn't actually change the underlying business. And he's right about the danger—the moment corporate America faces a margin squeeze and pulls back that superficial spending, over-leveraged startups like OpenAI and Anthropic are going to have a brutal wake-up call with their debt obligations. But here is why the tech wins anyway: Look at what happened after the 2000 crash. The hype faded, and the bad business models went bankrupt, but the physical fiber-optic cables and server infrastructure remained. Because the infrastructure was already built, the cost of tech plummeted, and the internet finally became the actual foundation of the global economy. If the current AI bubble pops and these startups default, it won’t mean the tech was a fraud. It just means the market is doing what it always does—clearing out the idiots and the over-leveraged hype to make room for real, disciplined deployment." ** Edited by VTVOICE at 7/3/2026, 9:43:43 AM