AI Bubble: 'Circular financing is over' | Ed Zitron

“There is no AI bubble without Jensen Huang.”Writer of Where’s Your Ed At and host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about how former Nvidia CEO Jensen Huang might have just brought and end to the AI bubble. Hosted on Acast. See acast.com/privacy for more information.

Writer of Where's Your Ed At and host of the Better Offline podcast Ed Zitron joins The Tech Report's Isaac Pound to talk about how Jensen Huang might have accidentally just ended the circular financing propping up the AI as the Nvidia CEO has resigned after news of a second affair broke overnight Hosted on Acast. See acast.com/privacy for more information.

“Nvidia has no one who can step in and just keep things running.” Author and host of Pivot to AI David Gerard joins The Tech Report’s Isaac Pound to talk about the fallout from Jensen Huang’s affair with former Megaspeed executive Alice Huang (no relation), as Nvidia share tumble and the pressure mounts on the GPU companies CEO to step down. Hosted on Acast. See acast.com/privacy for more information.

“Generative models are never going to be able to handle facts in a certain way.” CEO of OneStream Thomas Shea joins The Tech Report’s Isaac Pound to talk about how generative AI is being used for too broad of a use case, and how downward pressure from open weight models threatens frontier AI developers.Instagram: https://www.instagram.com/the_tech_reprt/ Facebook: @TheTechReport Hosted on Acast. See acast.com/privacy for more information.

“The assumption was these things would grow forever… and I think the big story here is we’ve hit the ceiling.”Writer of Where’s Your Ed At and host of the Better Offline podcast Ed Zitron talks to The Tech Report’s Isaac Pound about OpenAI’s struggle to find funding, Anthropic’s valuation falling ahead of its IPO and what the Midterm election results mean for the AI industry. Hosted on Acast. See acast.com/privacy for more information.

“A bad night for anyone who wants to develop a data center. And a horrible night for anyone who wants to develop a data center in Texas.”Financial Times US Energy Reporter Martha Muir joins The Tech Report’s Isaac Pound to talk about how data center opposition became a crucial voting factor in the US Midterm and how the mainstreaming of the anti-AI and data center sentiment will shape the tech industry. Hosted on Acast. See acast.com/privacy for more information.

“We’re only going to see more burnout as employers either adopt more AI tools or they just keep pushing employees for more so they can hit targets.”Author of book and newsletter Blood in the Machine Brian Merchant joins The Tech Report’s Isaac Pound to talk about the strain being placed on workers under AI adoption mandates as a new survey reveals 20% of AI layoffs have been reversed. Hosted on Acast. See acast.com/privacy for more information.

“To call this horrifying just doesn’t do it justice.”Eli the Computer Guy joins The Tech Report’s Isaac Pound to talk about Anthropic getting hacked and the future of AI agents as banks and now Amazon have started blocking them from their platforms. Hosted on Acast. See acast.com/privacy for more information.

“I’m going to take money from my left pocket, put it in the right pocket and get very rich that way. That doesn’t work.”Senior Distinguished Fellow for the Center for Economic and Policy Research Dean Baker joins The Tech Report’s Isaac Pound to talk about the warnings signs of an AI bubble and the future of US tech as China’s AI market crashes after investors lose patience waiting for return on investment. Hosted on Acast. See acast.com/privacy for more information.

“I don’t know what anthropic does now because you’re going to the junk bond market that’s already strained.”Writer of Where’s You Ed At and host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about Anthropic’s IPO as the story breaks that Blackstone does not expect the maker of Claude to reach investment grade debt. Hosted on Acast. See acast.com/privacy for more information.