Post

Joined the Times Tech Report to talk about how OpenAI’s missed revenue targets threaten the stability of the circular AI economy, and how token-based billing is increasingly costing as much as a human employee. youtu.be/fmK40iq-U6Y?...

youtu.beAI bubble: How OpenAI’s missed targets threaten AI’s circular financing | Ed ZitronYouTube video by The Tech Report

1/5/26, 5:42 pm41 reposts193 likes

BestGoShoeless

@bestgoshoeless.bsky.social

1 May

The hole in the bucket: If the work is basically one step above "copy/paste, find/replace," then the business model has to compete against pennies. If the work is hardcore, high stakes, and genuinely innovative, then you still have to pay an expert to babysit the LLMs. The ROI targets are insane.

BestGoShoeless

@bestgoshoeless.bsky.social

1 May

bsky.app/profile/best...

BestGoShoeless@bestgoshoeless.bsky.social

Me: So, you're going to make $3 trillion dollars by 2030? AI hucksters: If anything, that's a low estimate. Me: So you've got an exclusive hardware design that nobody else can copy? AI: Uh, no, pretty much scrounging for the same chips as everyone else.

John Mullinax

@johnmullinax.bsky.social

1 May

Ed, thank you for the sanity you bring.

John Mullinax

@johnmullinax.bsky.social

1 May

When I went to business school way back in the 1990s I learned that a business needed to - at some point, in some way - create actual economic value (i.e., +npv including opportunity costs). Even with huge subsidies most companies can't get there today. As subs go away, it just gets tougher.

Quarantegan

@quarantegan.bsky.social

2 May