Just a reminder, Ed Zitron is neither an AI researcher, nor an Engineer, nor a Financial Analyst, nor an Economist nor an Insider and has ZERO clue in multiple dimensions (technology, investing, unit economics, growth, TAM) to analyze any of this
Correct. And yet, he's provided some of the most level headed takes on the current LLM boom, to the point where FT Alphaville link to his analysis of the economics.
FT Alphaville dissed bitcoin and Tesla for 10 years. Not the greatest track record.
As the saying goes, "the market can remain irrational longer than you can remain solvent." I hope the next fad is to invest in boring companies that employ people and give steady returns, and they can stop replacing all the stores in my city with Dollar Trees.