Comment by dragontamer

It all comes down to the fact that Zitron thinks these AI companies are over levered and have significant chances of collapsing industry wide.

Yeah he uses more words to say it and bad arguments as part of it. But so did Galileo's "The tides prove that the Earth is moving around the sun" argument. Some arguments are bad, even if the overall point was correct.

I think given the new Nikkei report from last week, we are seeing more and more of Ed Zitrons arguments bear fruit, after years (literally) of him calling wolf.

It all is crazy talk until real numbers come out and prove him correct. But it seems to take a long time for those numbers to materialize.