Memory prices have doubled, Macs and iPads have gone up, and iPhones are expected to follow. Ed Zitron – who writes the Where's Your Ed At newsletter, hosts the Better Offline podcast, and has been described by Politico as the AI boom's most "acerbic gadfly" – has spent years arguing the buildout driving those costs will never pay for itself. We asked him what happens to Apple if he's right. You've been calling AI a bubble since before it was fashionable.
Plus the 1.3T that the companies are actually reporting. Plus the equity value wipeout that could easily add another couple trillion on top of that. Plus the hundreds of billions of dollars in public wealth that will be burned in government handouts and subsidies to try and “soften the landing” (read: provide golden parachutes). It’s gonna be a heck of a pop
Yeah
Unless it takes off like the ai companies hope… it still several years off. Wonder how big this bubble will be.
so far 1.6trillion, that we know of https://asia.nikkei.com/business/technology/five-us-tech-giants-hidden-debts-soar-to-1.65tn-on-opaque-ai-funding
Plus the 1.3T that the companies are actually reporting. Plus the equity value wipeout that could easily add another couple trillion on top of that. Plus the hundreds of billions of dollars in public wealth that will be burned in government handouts and subsidies to try and “soften the landing” (read: provide golden parachutes). It’s gonna be a heck of a pop