"To help us potentially answer that question, I'll be hosting a live conversation with prominent AI critic Ed Zitron on October 7 at 3:30 pm ET as part of the Ars Live series. As Ars Technica's senior AI reporter, I've been tracking both the explosive growth of this industry and the mounting skepticism about its sustainability. You can watch the discussion live on YouTube when the time comes."
"Zitron is the host of the Better Offline podcast and CEO of EZPR, a media relations company. He writes the newsletter Where's Your Ed At, where he frequently dissects OpenAI's finances and questions the actual utility of current AI products. His recent posts have examined whether companies are losing money on AI investments, the economics of GPU rentals, OpenAI's trillion-dollar funding needs, and what he calls " The Subprime AI Crisis.""
Generative AI adoption accelerated after ChatGPT's debut, prompting hundreds of billions in investments and infrastructure builds. Growing skepticism questions whether that capital aligns with genuine business value and long-term returns. Critics examine OpenAI's finances, GPU rental economics, companies losing money on AI projects, and claims of a looming "The Subprime AI Crisis" driven by unrealistic expectations. The analysis will also explore whether the AI hype cycle is peaking and what occurs when firms realize AI spending fails to generate returns. A live event on October 7 at 3:30 pm ET will be streamed on YouTube to present these issues.
Read at Ars Technica
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