Zitron: "Everyone Has Been Sold a Lie" on AI [video]

Post by HWR_14 » Sun, Aug 02, 2026, 2:07 AM UTC

flextheruler wrote: post #10

jay_kyburz wrote: post #8

Earlier quoted context omitted.

Yes, and the scary thing is, when Google starts selling ads in Gemini results, you wont be able to see them, it will be a bigger business that Google Search ever was. Update: Perhaps this is what Zitron doesn't want to say out loud, (and why investors are confused), the return on investment is going to come from having the largest mind control machine the world has even known.

There's just no easy way to see what makes LLMs able to duplicate the profits of the entire existing tech sector of the economy. This is the return they need to make based on what they're currently expensing and projecting. Couple that with the circular financing agreements and it's just preposterous. Zitron may have been first and most outspoken to this argument, but like all bubbles it's an open secret.

Post by Driver4732 » Sun, Aug 02, 2026, 3:30 AM UTC

jay_kyburz wrote: post #16

Driver4732 wrote: post #9

Earlier quoted context omitted.

If you read more of Zitron's work, he says that there's little demand for the AI compute power outside of OpenAI and Anthropic. If they are bled dry, then the hyperscalers will not have enough customers for the data centers which they have blown so much capex spend on and will have to soon go into debt to ensure they can be built. The GPUs and the high bandwidth memory they use have little use other than to run and t…

> little demand for the AI compute power outside of OpenAI and Anthropic. I think every other business is going to slowly wake up to how powerful machine learning can be, and or, how important it will be to run your own models you can trust. I don't doubt that there is a bubble, but once the hardware is built, there will be plenty of customers. I guess if you overpay for hardware, you can be undercut by data centers…

Post by perpetuallunch » Sun, Aug 02, 2026, 4:16 AM UTC

landedgentry wrote: post #11

toomuchtodo wrote: post #4

Earlier quoted context omitted.

Let us assume a person cannot change society, they simply do not have the leverage, even if they are a billionaire or most politicians. This is a systems problem, requiring enormous investment of time and resources to change trajectories of. Therefore, the choices available are to continue to live in a low trust society, or move to a high trust society and minimize your exposure to low trust society impact on your li…

This data conflicts with my image of Japan and China, and I wonder where the discrepancy lies.

Post by jsnell » Sun, Aug 02, 2026, 4:49 AM UTC

bdangubic wrote: post #12

Driver4732 wrote: post #9

Earlier quoted context omitted.

If you read more of Zitron's work, he says that there's little demand for the AI compute power outside of OpenAI and Anthropic. If they are bled dry, then the hyperscalers will not have enough customers for the data centers which they have blown so much capex spend on and will have to soon go into debt to ensure they can be built. The GPUs and the high bandwidth memory they use have little use other than to run and t…

and he wrong on all of those accounts. but he’s got the best gig, he has been writing literally one same article for years, gets LLM to shuffle the words and publishes it under a different title :)

Post by sublinear » Sun, Aug 02, 2026, 5:36 AM UTC

jay_kyburz wrote: post #8

sublinear wrote: post #5

Even if we don't consider economics, the reason "AI" has not increased white collar productivity is because it's not necessary for knowledge work beyond aggregating information for research. Knowledge work has always been a lot more arguing than "doing". Google was already the default option for this, and Google Gemini is a genuine improvement for Google Search. Google (and Apple) have sidestepped all the drama by ju…

Yes, and the scary thing is, when Google starts selling ads in Gemini results, you wont be able to see them, it will be a bigger business that Google Search ever was. Update: Perhaps this is what Zitron doesn't want to say out loud, (and why investors are confused), the return on investment is going to come from having the largest mind control machine the world has even known.