Media critic Ed Zitron argues that the artificial intelligence industry is built on an unsustainable economic foundation. He contends that tech giants are making massive capital expenditures to support AI companies such as OpenAI and Anthropic that lack genuine profitability, with one analyst forecast suggesting these companies could represent up to 48% of Google Cloud’s revenue next year. Zitron warns that this concentrated infrastructure investment mirrors historical speculative bubbles and risks collapsing if AI companies fail to demonstrate meaningful returns on investment or productivity gains.
