Comment by dragontamer
6 hours ago
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.
He doesn't like or believe in the economics of the frontier labs and then works backwards from that, which takes him to some very strange places.
And I'm sure Galileo didn't like the idea of geocentrinism either for irrational reasons. Seriously, good enough telescopes havent been made yet and he's all confident etc. etc.
But Galileo was still had a useful framework for his criticisms despite all of his faults.
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I see Ed Zitron in virtually the same spot. Especially now that the SPVs thing is publicly confirmed by 3rd parties. I agree he made a bunch of shitty arguments over the years but Ed Zitron has seemingly stumbled upon something true and worth investigating now