Oracle faces $400B AI risk
Good morning. Hyperscaler capital expenditures continue to divide the tape between infrastructure bulls and application bears.
Ed Zitron flagged Oracle's $400 billion data center buildout as an existential vulnerability if OpenAI funding dries up. The database giant is constructing 7.1 gigawatts of capacity without a diversified customer base, while its core revenue remains flat adjusted for inflation over the last fifteen years.
The Tape
What the smartest operators are pricing in today — names and trades.
▲ Bull
“what NVIDIA is basically saying with its numbers and forecasts is actually this AI CapEx is going to continue well into the future. It's got real legs.”
David Sacks · All-In with Chamath, Jason, Sacks & Friedberg
▼ Bear
“I think NVIDIA's revenue could go 50% to 70% now. I think that NVIDIA could, NVIDIA back in 2022 was making single digit billion dollars.”
Ed Zitron · The Diary Of A CEO with Steven Bartlett
▲ Bull
“The article today in the journal about TSMC and Sony making a $6 billion joint investment in CMOS sensors. No one knows what those are, but they are the critical piece of an Apple iPhone.”
Andrew McDermott · The Grant Williams Podcast
▼ Bear
“The macOS we have today is scarcely different from the macOS we had 10 years ago. In fact, it's worse in many ways because Apple continues to choke hold the control on users.”
DHH · Lex Fridman Podcast
▲ Bull
“SpaceX and Meta are saying, actually, I'm going to build the compute, and I can start to rent it out for not $13,000. I can sell it for 25, 50, and more.”
Dylan Patel · Dwarkesh Podcast
▼ Bear
“The consumer business is really hard. The scale of the play you need to make the consumer business work is on the order of fully overtake Google, which seems very challenging, and then in hardware, replace the iPhone.”
Nilay Patel · Decoder with Nilay Patel
▲ Bull
“They control communication for the global enterprises. Microsoft email, as dumb as it is, I mean, exchange, whatever you want to call it, That's not going away. That thing is a money machine that cannot change.”
Jerry Murdoch · The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
▼ Bear
“They made total, according to Bloomberg, about $34.33 billion. $24.1 billion of that was from OpenAI. So that leaves them with about $10 billion in a year when they spent $115 billion on capital expenditures”
Ed Zitron · The Diary Of A CEO with Steven Bartlett
▲ Bull
“the US has the far and away lead on frontier models. So like the very smartest models in the world are all coming out of the US. They're coming out of the US first.”
Noah Breyer · Slate Money
▼ Bear
“I mean, Google is Google. They have all the data. They have all the intelligence and like their models are getting trounced by open AI and by anthropic.”
Martin Casado · The a16z Show
▼ Bear
“stocks down like 65 i mean it should go lower it sucked oracle is a horrible company”
Ed Zitron · The Compound and Friends
“what NVIDIA is basically saying with its numbers and forecasts is actually this AI CapEx is going to continue well into the future. It's got real legs.”
Today's Signals (17)
Operator-validated investment signals before they reach consensus.
“what NVIDIA is basically saying with its numbers and forecasts is actually this AI CapEx is going to continue well into the future. It's got real legs.”
bullish · 9/10 conviction
Discussing: AI CapEx sustainability
“It is that the AI boom is continuing. The other narrative that's getting shredded today is that this AI CapEx is a bubble. It's basically going to end very soon. And what NVIDIA is basically saying with its numbers and forecasts is actually this AI CapEx is going to continue well into the future. It's got real legs.”
Nvidia's Historic Quarter, SaaS Comeback, Bessent vs Druck, America's Debt Crisis, Cancer Vaccine · Aug 29, 2026
“Oracle is building 7.1 gigawatts of data centers, so over $400 billion worth. not a customer on earth and oracle's revenue has been flat the last 15 years when you adjust for inflation so without open ai oracle dies”
bearish · 9/10 conviction
Discussing: Oracle's dependency on OpenAI
“You have $1.1 trillion of commitments. Just open AI. Oracle is building 7.1 gigawatts of data centers, so over $400 billion worth. not a customer on earth and oracle's revenue has been flat the last 15 years when you adjust for inflation so without open ai oracle dies So you think open AI is going to crash and run out of money and that's going to cause this domino effect across these other big tech companies which is going to impact the stock market and impact the broader economy”
The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed Zitron · Aug 27, 2026
“If you partner with any of these people, they will slit your throat and take your business wholesale. There is nothing to discuss here. Don't trust them. Use your own models.”
bearish · 9/10 conviction
Discussing: partnering with frontier AI models
“Nobody who went to bed with Microsoft in the 80s, Facebook in the 2000s, or Sam Altman now in the 2020s did not wake up with their throat slit. This is a message to founders. If you partner with any of these people, they will slit your throat and take your business wholesale. There is nothing to discuss here. Don't trust them. Use your own models.”
Open source is going to win it all: Harvey proves it | E2328 · Aug 21, 2026
“Now I'm telling you, open source is going to win it all. What do I mean by win it all? the majority of tokens the overwhelming majority of tokens in corporate america will not be on the frontier models”
bullish · 9/10 conviction
Discussing: open source vs frontier AI models
“Two and a half years ago, three years ago, I said open source could win it. Now I'm telling you, open source is going to win it all. What do I mean by win it all? the majority of tokens the overwhelming majority of tokens in corporate america will not be on the frontier models it will be inside those enterprises why they don't want to give their intelligence to somebody who wants to build the final company”
Open source is going to win it all: Harvey proves it | E2328 · Aug 21, 2026
“They made total, according to Bloomberg, about $34.33 billion. $24.1 billion of that was from OpenAI. So that leaves them with about $10 billion in a year when they spent $115 billion on capital expenditures”
bearish · 9/10 conviction
Discussing: Microsoft's AI capital expenditures
“But because number go up because revenue go up everyone it's ai because these companies wouldn't spend a trillion dollars for for no reason right except in fiscal year 2026 which just ended for microsoft annoying i know They made total, according to Bloomberg, about $34.33 billion. $24.1 billion of that was from OpenAI. So that leaves them with about $10 billion in a year when they spent $115 billion on capital expenditures and intend to spend $175 billion next year. The math does not make sense.”
The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed Zitron · Aug 27, 2026
“They control communication for the global enterprises. Microsoft email, as dumb as it is, I mean, exchange, whatever you want to call it, That's not going away. That thing is a money machine that cannot change.”
bullish · 9/10 conviction
Discussing: Microsoft's enterprise moat
“Even Microsoft, no model, relatively shitty AI products, you'd still be a buy. Yeah, here's why. They control communication for the global enterprises. Microsoft email, as dumb as it is, I mean, exchange, whatever you want to call it, That's not going away. That thing is a money machine that cannot change. It cannot just disappear.”
20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega · Aug 22, 2026
“the US has the far and away lead on frontier models. So like the very smartest models in the world are all coming out of the US. They're coming out of the US first.”
bullish · 9/10 conviction
Discussing: US vs China AI capabilities
“If you look at the models that are coming out of the two countries, the US has the far and away lead on frontier models. So like the very smartest models in the world are all coming out of the US. They're coming out of the US first. Anthropic and OpenAI and Google and Grok behind those, they're getting there first.”
P(doom) and Other AI Questions · Aug 22, 2026
“stocks down like 65 i mean it should go lower it sucked oracle is a horrible company”
bearish · 9/10 conviction
Discussing: Oracle's fundamentals and valuation
“Oracle shouldn't trade at whatever. If it's anything above $40, it should. Oracle's revenue has been flat for 15 years when you adjust for inflation. like what like this dog of a company i'm surprised they are the only one of them i'm certain would get bailed out stocks down like 65 i mean it should go lower it sucked oracle is a horrible company they also fired a bunch of people i know there's some sources that deal with contract renewals which is like the number one most important thing at oracle and if they're firing those people they're just kind of disorganized”
The Four Horsemen of the AI Apocalypse with Ed Zitron · Aug 28, 2026
“The macOS we have today is scarcely different from the macOS we had 10 years ago. In fact, it's worse in many ways because Apple continues to choke hold the control on users.”
bearish · 9/10 conviction
Discussing: State of macOS
“The macOS we have today is scarcely different from the macOS we had 10 years ago. In fact, it's worse in many ways because Apple continues to choke hold the control on users. They don't want them to install software that they haven't already said good to go for it they don't want users to reconfigure their hotkeys without doing it manually they don't want to change the 500 millisecond animation switching workspaces it is an infuriatingly locked down computer.”
#501 – DHH: Future of Programming, AI, Agentic Engineering, Vibe Coding & Linux · Aug 26, 2026
“I mean, Google is Google. They have all the data. They have all the intelligence and like their models are getting trounced by open AI and by anthropic.”
bearish · 9/10 conviction
Discussing: Google's AI execution vs startups
“It's a very different laws of physics where like if you can amass a capital, you can do something like, you know, I mean, Google is Google. They have all the data. They have all the intelligence and like their models are getting trounced by open AI and by anthropic. It just goes because the cultural element is that I think that people people on the outside underestimated until you've lived to the cultural element of trying to.”
The New Economics of AI | Martin Casado & Steven Sinofsky · Aug 25, 2026
“I think NVIDIA's revenue could go 50% to 70% now. I think that NVIDIA could, NVIDIA back in 2022 was making single digit billion dollars.”
bearish · 8/10 conviction
Discussing: NVIDIA's revenue sustainability
“That company, when the bottom falls out from NVIDIA, and we haven't really got into it, but NVIDIA is doing the most circular of financing, feeding companies money so that they can raise debt to buy more GPUs. I think NVIDIA's revenue could go 50% to 70% now. I think that NVIDIA could, NVIDIA back in 2022 was making single digit billion dollars. And what happens though, I'm thinking about like Jenny and Dave that are watching this right now, and they are just normal people.”
The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed Zitron · Aug 27, 2026
“The article today in the journal about TSMC and Sony making a $6 billion joint investment in CMOS sensors. No one knows what those are, but they are the critical piece of an Apple iPhone.”
bullish · 8/10 conviction
Discussing: Japanese component manufacturing
“So rather than selling the Panasonic VHS or the Sony Betamax, they're making the sensors inside. The article today in the journal about TSMC and Sony making a $6 billion joint investment in CMOS sensors. No one knows what those are, but they are the critical piece of an Apple iPhone. Something like 80% of the components in a nuclear reactor are made in Japan.”
The Grant Williams Podcast Ep. 131 - Andrew McDermott · Aug 28, 2026
Sector Heat
Where conviction's concentrated this week — and where it's cooling.
Information Technology
▲ 38.0%tailwind
Hyperscaler capital expenditures continue to drive unprecedented demand for data center infrastructure and power generation.
AI infrastructure
▲ 10.0%tailwind
Massive gigawatt-scale data center buildouts are straining the electrical grid and creating hardware bottlenecks.
Cryptocurrency
▼ 7.0%watching
Institutional attention is pivoting away from base layer tokens toward tokenized real-world assets and stablecoins.
interest rates
▲ 6.0%headwind
Structural debt issuance from technology giants and federal deficits are threatening to push yields higher.
From the Conversations
The Diary Of A CEO with Steven Bartlett
The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed Zitron
Aug 27, 2026 · 2h 27m · 4 quotes pulled
▶ Listen“Oracle is building 7.1 gigawatts of data centers, so over $400 billion worth. not a customer on earth and oracle's revenue has been flat the last 15 years when you adjust for inflation so without open ai oracle dies”
“You have $1.1 trillion of commitments. Just open AI. Oracle is building 7.1 gigawatts of data centers, so over $400 billion worth. not a customer on earth and oracle's revenue has been flat the last 15 years when you adjust for inflation so without open ai oracle dies So you think open AI is going to crash and run out of money and that's going to cause this domino effect across these other big tech companies which is going to impact the stock market and impact the broader economy”
Open source is going to win it all: Harvey proves it | E2328
Aug 21, 2026 · 1h 9m · 2 quotes pulled
▶ Listen“If you partner with any of these people, they will slit your throat and take your business wholesale. There is nothing to discuss here. Don't trust them. Use your own models.”
“Nobody who went to bed with Microsoft in the 80s, Facebook in the 2000s, or Sam Altman now in the 2020s did not wake up with their throat slit. This is a message to founders. If you partner with any of these people, they will slit your throat and take your business wholesale. There is nothing to discuss here. Don't trust them. Use your own models.”
Dylan Patel – Anthropic & OpenAI will have most of the world’s compute by 2028
Aug 25, 2026 · 1h 16m · 2 quotes pulled
▶ Listen“SpaceX and Meta are saying, actually, I'm going to build the compute, and I can start to rent it out for not $13,000. I can sell it for 25, 50, and more.”
“And now Meta and SpaceX have this optionality of looking around and being like, is my internal use case going to make me more money, or should I go out there and sell it to Anthropic OpenAI at crazy margins? So now we've sort of entered a regime where SpaceX and Meta are saying, actually, I'm going to build the compute, and I can start to rent it out for not $13,000. I can sell it for 25, 50, and more.”
Sources
▶ ListenAll-In with Chamath, Jason, Sacks & Friedberg
Nvidia's Historic Quarter, SaaS Comeback, Bessent vs Druck, America's Debt Crisis, Cancer Vaccine<p>(0:00) Bestie intros: Recapping recent interviews and the state of American science</p> <p>(3:31) China's Robot Olympics, Optimus update, Grok Bot</p> <p>(9:05) Nvidia and Salesforce rip after big earnings: AI Capex Bubble and SaaSpocalypse narratives get reversed</p> <p>(33:32) Bessent gets called out by Druckenmiller for bond market interference</p> <p>(1:01:33) AI writing controversy: Druck used AI to write his WSJ Op-ed</p> <p>(1:15:00) CIA Chief visits Moscow, Meta's settlement and new teen rules</p> <p>(1:22:52) Science Corner: Moderna's mRNA cancer vaccine</p> <p>Come hang with the Besties at the All-In Summit | September 13-15:</p> <p><a href= "http://theallinsummit.com">http://theallinsummit.com</a></p> <p>Follow the besties:</p> <p><a href="https://x.com/chamath">https://x.com/chamath</a></p> <p><a href="https://x.com/Jason">https://x.com/Jason</a></p> <p><a href= "https://x.com/DavidSacks">https://x.com/DavidSacks</a></p> <p><a href= "https://x.com/friedberg">https://x.com/friedberg</a></p> <p>Follow on X:</p> <p><a href= "https://x.com/theallinpod">https://x.com/theallinpod</a></p> <p>Follow on Instagram:</p> <p><a href= "https://www.instagram.com/theallinpod">https://www.instagram.com/theallinpod</a></p> <p>Follow on TikTok:</p> <p><a href= "https://www.tiktok.com/@allin">https://www.tiktok.com/@allin</a></p> <p>Follow on LinkedIn:</p> <p><a href= "https://www.linkedin.com/company/allinpod">https://www.linkedin.com/company/allinpod</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://x.com/yung_spielburg">https://x.com/yung_spielburg</a></p> <p>Intro Video Credit:</p> <p><a href= "https://x.com/TheZachEffect">https://x.com/TheZachEffect</a></p> <p>Referenced in the show:</p> <p><a href= "https://www.cnbc.com/2026/08/27/nvidia-nvda-q2-earnings.html">https://www.cnbc.com/2026/08/27/nvidia-nvda-q2-earnings.html</a></p> <p><a href= "https://finance.yahoo.com/markets/stocks/article/how-nvidia-silenced-the-bears-105017893.html"> https://finance.yahoo.com/markets/stocks/article/how-nvidia-silenced-the-bears-105017893.html</a></p> <p><a href= "https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2027"> https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2027</a></p> <p><a href= "https://polymarket.com/event/largest-company-end-of-december-2026"> https://polymarket.com/event/largest-company-end-of-december-2026</a></p> <p><a href= "https://www.cnbc.com/2026/08/18/treasury-yields-.html">https://www.cnbc.com/2026/08/18/treasury-yields-.html</a></p> <p><a href= "https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html"> https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html</a></p> <p><a href= "https://seekingalpha.com/news/4636322-wall-street-sees-bessent-putting-fear-of-god-into-bond-vigilantes"> https://seekingalpha.com/news/4636322-wall-street-sees-bessent-putting-fear-of-god-into-bond-vigilantes</a></p> <p><a href= "https://www.wsj.com/opinion/let-the-bond-market-speak-81529d74">https://www.wsj.com/opinion/let-the-bond-market-speak-81529d74</a></p> <p><a href= "https://www.wsj.com/world/cia-director-john-ratcliffe-makes-surprise-trip-to-moscow-c1c68fa6"> https://www.wsj.com/world/cia-director-john-ratcliffe-makes-surprise-trip-to-moscow-c1c68fa6</a></p> <p><a href= "https://polymarket.com/event/russia-x-ukraine-ceasefire-agreement-by"> https://polymarket.com/event/russia-x-ukraine-ceasefire-agreement-by</a></p>
▶ ListenThe Diary Of A CEO with Steven Bartlett
The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed ZitronTech critic Ed Zitron exposes the AI bubble, why OpenAI and Anthropic are burning billions, the fake AI boom, and why the crash could wipe out the ENTIRE economy! Ed Zitron is a British AI critic and one of the most cited voices warning that the AI industry is one giant bubble. He hosts the 'Better Offline' podcast, reaching over a million monthly downloads, and writes the newsletter 'Where's Your Ed At'. He is the founder and CEO of the PR firm EZPR, and is currently writing his upcoming book, 'Why Everything Stopped Working'. He explains: ■ Why he believes generative AI is a “con” ■ The real reason OpenAI and Anthropic can't turn a profit ■ Why data centers could leave a $500 billion debt bomb ■ Why superintelligence is a myth sold by tech billionaires ■ Why AI won't take your job, no matter what CEOs promise Chapters 00:00:00 Intro 00:02:15 AI Is A Con 00:05:55 How Much Power Data Centres Really Need 00:07:42 Is Widespread AI Adoption Manipulation Or Do People Actually Like Using It? 00:11:40 The Actual Cost Of AI And How Tokens Actually Work 00:15:49 Is The Spending Of AI Companies Justifiable? 00:19:47 Will The Rate Of Improvement Of AI Go Up, Like Previous Innovations? 00:24:03 How Bad Are AI Mistakes? 00:26:34 Comparing Human Error To AI Hallucinations 00:31:11 If The Output Is The Same, Does It Matter If Humans Or AI Created It? 00:33:58 Can We Trust AI Like We Trust Humans? 00:38:17 Would People Use AI If They Paid The Honest Cost? 00:42:15 How Does The AI Bubble Compare To The Dot-Com Bubble? 00:47:22 Does AI Demand Match The Cost And Risk Of Data Centres? 00:52:26 Is AI Making Websites Like Google Worse? 00:58:26 Ads 01:00:30 Is AI Job Disruption A Lie? 01:10:02 Could Your Narrative Be Helping AI Companies? 01:14:02 How Dangerous Is AI Cyberhacking 01:17:10 Is The AI Industry Creating Economic Growth? 01:18:53 How Would The US Beat China In The AI Race? 01:19:33 Is Robotics A Threat To Jobs? 01:23:03 What Do You Think About Agentic AI? 01:24:43 Is The Adoption Of AI The Same As The Rise Of The Internet? 01:27:46 The Overhype Of AI 01:30:03 What Do You Use Generative AI For? 01:33:21 Has AI Gotten More Intelligent? 01:34:09 Will AI Start To Do More Jobs As It Gets More Capable? 01:36:07 What Does The Future Look Like As AI Grows? 01:38:08 You Don't Think People's Workflows Have Been Transformed By AI? 01:40:21 Will All AI Be Powered By Data Centres? 01:43:20 Ads 01:44:34 Is Overspending On AI Due To Demand Or Something Else? 01:54:44 Tech CEOs Rebuttal 01:56:54 What Would It Take For You To Change Your Mind About AI? 02:00:12 Are AI Systems Already Blackmailing? 02:07:51 Are We In An AI Bubble And What Happens When It Pops? 02:12:48 The Tech Depression Is Coming 02:18:30 What Should The Public Do? 02:21:07 Why Do You Have A Bone To Pick With AI CEOs? 02:24:29 What Should We Be Doing To Improve Our Relationships And Social Connection? Follow Ed Zitron: Linktree: https://link.thediaryofaceo.com/C6fKrVK Better Offline: https://link.thediaryofaceo.com/A9awRDM X: https://link.thediaryofaceo.com/GTr0z7R Where's Your Ed At Newsletter: https://link.thediaryofaceo.com/CZ3JLap You can get $10 off your first year of Where's Your Ed At Premium, here: https://link.thediaryofaceo.com/91LBdmi The Diary Of A CEO: ◼ Join DOAC circle here - https://doaccircle.com/ ◼ Buy The Diary Of A CEO book here - https://link.thediaryofaceo.com/BWjLTZK ◼ Shop The Diary Of A CEO collection: https://thediary.com/collections/shop ◼ Get email updates - https://link.thediaryofaceo.com/5IB1H6E ◼ Follow Steven - https://link.thediaryofaceo.com/AGU9QP4 Sponsors: Fiverr - https://fiverr.com/diary and get 10% off your first order when you use code DIARY Saily - Download from the app store and use code DOAC at checkout for 15% off. For more details: https://saily.com/doac ⛵
▶ ListenThis Week in Startups
Open source is going to win it all: Harvey proves it | E2328<p dir="ltr">This Week In Startups is made possible by:</p> <p dir="ltr">Superhuman<br /> <a href="https://superhuman.com">https://Superhuman.com</a></p> <p dir="ltr">Sentry<br /> <a href="https://sentry.io/twist">https://sentry.io/twist</a></p> <p dir="ltr">Lightfield<br /> <a href="https://lightfield.app">https://lightfield.app</a></p> <p><strong><br /> <br /></strong></p> <p dir="ltr">Today's show:</p> <p dir="ltr">Jason's been saying it for years now (and we've got an All In clip from 2023 to prove it). Open source will win the AI race. This week gives us a major evidence point, as $11B legal AI company Harvey released its own in-house model, trained on an open-weight Kimi K3 base. Harvey made a proprietary specialized solution without having to risk sharing its precious expert-compiled data with the major frontier labs.</p> <p dir="ltr">PLUS we're checking out the FREE AI dictation app Willow with co-founder Allan Guo, and finding out how he plans to compete with giants like Wispr Flow and Apple. AND we've got the Stanford student who built an automated golf cart and gave luminaries like Jensen Huang and Sam Altman rides around campus.</p> <p dir="ltr">Guests</p> <p dir="ltr">Allan Guo on X: <a href= "https://x.com/_allanguo">https://x.com/_allanguo</a></p> <p dir="ltr">Willow: <a href= "https://willowvoice.com/">https://willowvoice.com/</a></p> <p dir="ltr">Ethan Goodhart: <a href= "https://x.com/EthanGoodhart">https://x.com/EthanGoodhart</a></p> <p dir="ltr">Sign up for the Wind TestFlight: <a href= "https://testflight.apple.com/join/zZqmhhwf">https://testflight.apple.com/join/zZqmhhwf</a></p> <p dir="ltr">Relevant Links</p> <p dir="ltr">CNBC: OpenAI "will be a public company in 2027": <a href= "https://www.cnbc.com/2026/08/19/open-ai-ipo-timing-2027-friar.html"> https://www.cnbc.com/2026/08/19/open-ai-ipo-timing-2027-friar.html</a></p> <p dir="ltr">OpenAI Zero Data Retention Pledge: <a href= "https://openai.com/index/our-commitment-to-zero-data-retention">https://openai.com/index/our-commitment-to-zero-data-retention</a></p> <p dir="ltr">TWIST (June 2026): Jason comments on OpenAI and training data: <a href= "https://youtu.be/o3eow1nTrcI?si=orungk7OmplOuyio&t=742">https://youtu.be/o3eow1nTrcI?si=orungk7OmplOuyio&t=742</a></p> <p dir="ltr">All In podcast (Feb 2023): Jason comments on open source vs. frontier models: <a href= "https://youtu.be/PVgBWV2bvLs?si=j6y7sHS0wx9q09oa&t=5173">https://youtu.be/PVgBWV2bvLs?si=j6y7sHS0wx9q09oa&t=5173</a></p> <p dir="ltr">Harvey: <a href= "https://www.harvey.ai/">https://www.harvey.ai/</a></p> <p dir="ltr">Harvey Tenet Research Preview: <a href= "https://www.harvey.ai/blog/post-training-update-harvey-tenet">https://www.harvey.ai/blog/post-training-update-harvey-tenet</a></p> <p dir="ltr">Fireworks AI: <a href= "https://fireworks.ai/">https://fireworks.ai/</a></p> <p dir="ltr">Wispr Flow: <a href= "https://wisprflow.ai/">https://wisprflow.ai/</a></p> <p dir="ltr">Pipedrive: <a href= "https://www.pipedrive.com/">https://www.pipedrive.com/</a></p> <p dir="ltr">Nvidia Jetson Thor: <a href= "https://www.nvidia.com/en-us/autonomous-machines/embedded-systems/jetson-thor/"> https://www.nvidia.com/en-us/autonomous-machines/embedded-systems/jetson-thor/</a></p> <p dir="ltr">OpenAI shares Wind golf cart clip: <a href= "https://www.tiktok.com/@openai/video/7645336713472134431">https://www.tiktok.com/@openai/video/7645336713472134431</a></p> <p dir="ltr">Starlink Mini: <a href= "https://starlink.com/mini-product-us?srsltid=AfmBOorzM7arxhdzYAdDpH6RGD4LLg9WV_BFnEoLuYieuHuGSCjQTE1Y"> https://starlink.com/mini-product-us?srsltid=AfmBOorzM7arxhdzYAdDpH6RGD4LLg9WV_BFnEoLuYieuHuGSCjQTE1Y</a></p> <p dir="ltr">Toro mowers: <a href= "https://www.toro.com/">https://www.toro.com/</a></p> <p dir="ltr">404 Media: <a href= "https://www.404media.co/">https://www.404media.co/</a></p> <p dir="ltr">Punchbowl News: <a href= "https://punchbowl.news/">https://punchbowl.news/</a></p> <p dir="ltr">Semafor: <a href= "https://www.semafor.com/">https://www.semafor.com/</a></p> <p dir="ltr">Skift: <a href= "https://skift.com/">https://skift.com/</a></p> <p dir="ltr">Newcomer: <a href= "https://www.newcomer.co/">https://www.newcomer.co/</a></p> <p dir="ltr">Deirdre Bosa on YouTube: <a href= "https://www.youtube.com/@deebosa">https://www.youtube.com/@deebosa</a></p> <p dir="ltr">Electrek: Genesis GV90 review: <a href= "https://electrek.co/2026/08/20/genesis-gv90-luxury-coach-doors-images/"> https://electrek.co/2026/08/20/genesis-gv90-luxury-coach-doors-images/</a></p> <p dir="ltr">Toyota Alphard gallery: <a href= "https://global.toyota/en/mobility/toyota-brand/gallery/alphard.html"> https://global.toyota/en/mobility/toyota-brand/gallery/alphard.html</a></p> <p dir="ltr">The Clash "London Calling" video: <a href= "https://www.youtube.com/watch?v=EfK-WX2pa8c">https://www.youtube.com/watch?v=EfK-WX2pa8c</a></p> <p dir="ltr">Timestamps:</p> <p dir="ltr">0:00 What is Jason's Grok Bot up to?</p> <p dir="ltr">5:17 Systems over goals</p> <p dir="ltr">9:43 Superhuman - Superhuman Go is an AI chat that's always there when you need it, already aware of what you're doing, and doesn't ask you to start from zero. Sign up to get the best in AI at https://Superhuman.com</p> <p dir="ltr">13:08 OpenAI will go public soon</p> <p dir="ltr">14:19 Top line ARR matters way less than churn</p> <p dir="ltr">20:43 Sentry - Your team should be focused on shipping features — not chasing down bugs. New users can get $240 in free credits when they go to https://sentry.io/twist and use the code TWIST</p> <p dir="ltr">29:55 Lightfield - Name one person who's ever enjoyed updating a CRM. Exactly. Lightfield's AI agent does it for you — it even prospects and books your meetings. Used by thousands of startups. Free at https://lightfield.app</p> <p dir="ltr">30:52 Harvey launches Tenet</p> <p dir="ltr">34:32 "Open source is going to win it all"</p> <p dir="ltr">35:58 Allan Guo of Willow joins</p> <p dir="ltr">39:18 Managing a single source of truth across a team</p> <p dir="ltr">47:00 Lon and Jason love the Toyota Alphard</p> <p dir="ltr">51:00 Stanford student and AV expert Ethan Goodhart joins</p> <p dir="ltr">1:00:09 How Ethan got Jensen Huang to go for a ride</p> <p dir="ltr">1:00:37 Punk Rock 101</p> <p dir="ltr">1:06:24 Phoebe Gates' secret Harvard class</p> <p dir="ltr"><br /> <br /> Subscribe to the TWiST500 newsletter: <a href= "https://ticker.thisweekinstartups.com">https://ticker.thisweekinstartups.com</a></p> <p dir="ltr">Check out the TWIST500: <a href= "https://www.twist500.com">https://www.twist500.com</a></p> <p dir="ltr">Subscribe to This Week in Startups on Apple: <a href= "https://rb.gy/v19fcp">https://rb.gy/v19fcp</a></p> <p><strong> </strong></p> <p dir="ltr">Follow Lon:</p> <p dir="ltr">X: <a href= "https://x.com/lons">https://x.com/lons</a></p> <p><strong> </strong></p> <p dir="ltr">Follow Jason:</p> <p dir="ltr">X: <a href= "https://twitter.com/Jason">https://twitter.com/Jason</a></p> <p dir="ltr">LinkedIn: <a href= "https://www.linkedin.com/in/jasoncalacanis">https://www.linkedin.com/in/jasoncalacanis</a></p> <p><strong> </strong></p> <p dir="ltr">Check out all our partner offers: <a href= "https://partners.launch.co/">https://partners.launch.co/</a></p> <p><strong> </strong></p> <p dir="ltr">Great TWIST interviews: <a href= "https://youtu.be/pvJa2pzuXWQ">Will Guidara,</a> <a href= "https://youtu.be/9dHN4YFkgv4">Eoghan McCabe</a>, <a href= "https://podcasts.apple.com/us/podcast/reddit-ceo-steve-huffman-on-mod-revolt-building-a/id315114957?i=1000617333424"> Steve Huffman</a>, <a href= "https://podcasts.apple.com/ca/podcast/airbnb-ceo-brian-chesky-on-early-rejection-customer/id315114957?i=1000611761112"> Brian Chesky</a>, <a href="https://youtu.be/y2UMzSqX94Q">Bob Moesta,</a> <a href= "https://podcasts.apple.com/ca/podcast/box-ceo-aaron-levie-breaks-down-box-ai-and-generative/id315114957?i=1000612384545"> Aaron Levie</a>, <a href= "https://podcasts.apple.com/ca/podcast/sophia-amoruso-on-branding-raising-a-fund-portfolio/id315114957?i=1000601352978"> Sophia Amoruso</a>, <a href= "https://podcasts.apple.com/ca/podcast/reid-hoffman-on-ais-crescendo-moment-regulation-and/id315114957?i=1000612548498"> Reid Hoffman</a>, <a href= "https://podcasts.apple.com/ca/podcast/snowflake-ceo-frank-slootman-on-moving-the-needle-win/id315114957?i=1000602560622"> Frank Slootman</a>, <a href= "https://podcasts.apple.com/ca/podcast/billy-mcfarland-on-fyre-fest-fraud-failure-hacking/id315114957?i=1000610922577"> Billy McFarland</a></p> <p><strong> </strong></p> <p dir="ltr">Check out Jason's suite of newsletters: <a href= "https://substack.com/@calacanis">https://substack.com/@calacanis</a></p> <p><strong> </strong></p> <p dir="ltr">Follow TWiST:</p> <p dir="ltr">Twitter: <a href= "https://twitter.com/TWiStartups">https://twitter.com/TWiStartups</a></p> <p dir="ltr">YouTube: <a href= "https://www.youtube.com/thisweekin">https://www.youtube.com/thisweekin</a></p> <p dir="ltr">Instagram: <a href= "https://www.instagram.com/thisweekinstartups">https://www.instagram.com/thisweekinstartups</a></p> <p dir="ltr">TikTok: <a href= "https://www.tiktok.com/@thisweekinstartups">https://www.tiktok.com/@thisweekinstartups</a></p> <p dir="ltr">Substack: <a href= "https://twistartups.substack.com">https://twistartups.substack.com</a></p>
▶ ListenThe Grant Williams Podcast
The Grant Williams Podcast Ep. 131 - Andrew McDermottIn this episode of The Grant Williams Podcast, I welcome back Andrew McDermott of Mission Value Partners for a fascinating reassessment of one of the world’s most misunderstood economies. While many investors remain focused on Japan’s currency, bond market, and decades of sluggish growth, Andrew argues that these headline narratives obscure a far more important story: Japan remains one of the world’s indispensable industrial powers. Together, we explore how Japanese companies quietly embedded themselves deep within global supply chains after the trade tensions of the 1980s and 1990s, becoming world leaders in advanced manufacturing, semiconductors, robotics, defence systems, machine tools, and precision engineering. The discussion also examines the strategic consequences of a weaker yen, Japan’s evolving relationship with the United States, and why the country’s greatest investment opportunities may lie not in broad market indices but in the globally competitive industrial businesses that continue to underpin much of the modern economy. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…
▶ ListenLex Fridman Podcast
#501 – DHH: Future of Programming, AI, Agentic Engineering, Vibe Coding & Linux<p>DHH is the creator of Ruby on Rails, Omarchy Linux, CTO of 37signals, and a racecar driver.<br /> Thank you for listening ❤ Check out our sponsors: <a href="https://lexfridman.com/sponsors/ep501-sc">https://lexfridman.com/sponsors/ep501-sc</a><br /> See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc.</p> <p><b>Transcript:</b><br /> <a href="https://lexfridman.com/dhh-2-transcript">https://lexfridman.com/dhh-2-transcript</a></p> <p><b>CONTACT LEX:</b><br /> <b>Feedback</b> – give feedback to Lex: <a href="https://lexfridman.com/survey">https://lexfridman.com/survey</a><br /> <b>AMA</b> – submit questions, videos or call-in: <a href="https://lexfridman.com/ama">https://lexfridman.com/ama</a><br /> <b>Hiring</b> – join our team: <a href="https://lexfridman.com/hiring">https://lexfridman.com/hiring</a><br /> <b>Other</b> – other ways to get in touch: <a href="https://lexfridman.com/contact">https://lexfridman.com/contact</a></p> <p><b>EPISODE LINKS:</b><br /> DHH’s X: <a href="https://x.com/dhh">https://x.com/dhh</a><br /> DHH’s Blog: <a href="https://world.hey.com/dhh">https://world.hey.com/dhh</a><br /> Omarchy: <a href="https://omarchy.org">https://omarchy.org</a><br /> Ruby on Rails: <a href="https://rubyonrails.org">https://rubyonrails.org</a><br /> 37signals: <a href="https://37signals.com">https://37signals.com</a></p> <p><b>SPONSORS:</b><br /> To support this podcast, check out our sponsors & get discounts:<br /> <b>Wispr Flow:</b> AI-powered voice dictation app.<br /> Go to <a href="https://lexfridman.com/s/wispr_flow-ep501-sc">https://wisprflow.ai/lex</a><br /> <b>Blitzy:</b> AI agent for large enterprise codebases.<br /> Go to <a href="https://lexfridman.com/s/blitzy-ep501-sc">https://blitzy.com/lex</a><br /> <b>NetSuite:</b> Business management software.<br /> Go to <a href="https://lexfridman.com/s/netsuite-ep501-sc">http://netsuite.ai/lex</a><br /> <b>Shopify:</b> Sell stuff online.<br /> Go to <a href="https://lexfridman.com/s/shopify-ep501-sc">https://shopify.com/lex</a><br /> <b>LMNT:</b> Zero-sugar electrolyte drink mix.<br /> Go to <a href="https://lexfridman.com/s/lmnt-ep501-sc">https://drinkLMNT.com/lex</a><br /> <b>Plaud:</b> AI-powered note-taking devices and software.<br /> Go to <a href="https://lexfridman.com/s/plaud-ep501-sc">https://plaud.ai/lex</a><br /> <b>Higgsfield AI:</b> AI-based video generation, filmmaking, and creative studio.<br /> Go to <a href="https://lexfridman.com/s/higgsfield-ep501-sc">https://higgsfield.ai</a><br /> <b>Perplexity:</b> AI-powered answer engine.<br /> Go to <a href="https://lexfridman.com/s/perplexity-ep501-sc">https://perplexity.ai/</a></p> <p><b>OUTLINE:</b><br /> (00:00) – Introduction<br /> (01:14) – Sponsors, Comments, and Reflections<br /> (08:56) – Programming with AI agents<br /> (24:14) – How software will change<br /> (33:30) – AI impact on open source<br /> (43:21) – Building Omarchy Linux distro<br /> (53:05) – Vibe coding vs agentic engineering<br /> (1:06:06) – The end of manual programming<br /> (1:16:24) – Advice for programmers<br /> (1:28:31) – Surviving Internet Hate<br /> (1:37:46) – Programming setup for AI Agents<br /> (1:50:11) – Obsessing about speed<br /> (2:13:06) – Voice prompting vs typing<br /> (2:27:05) – Best AI coding models<br /> (2:43:55) – Best AI coding harnesses<br /> (2:56:57) – AI video generation and filmmaking<br /> (3:16:28) – Fatherhood<br /> (3:44:35) – Linux will win the desktop<br /> (3:55:51) – PewDiePie<br /> (4:05:25) – Future of programming<br /> (4:28:18) – Politics and immigration<br /> (4:59:55) – Longevity, over-optimization, and fear of death<br /> (5:11:38) – Eternal recurrence and future of human civization</p>
▶ ListenDwarkesh Podcast
Dylan Patel – Anthropic & OpenAI will have most of the world’s compute by 2028<p>Had a lot of fun chatting again with my twin brother Dylan Patel.</p><p>We went through lab economics over the next few years - the shift from inference to training as RSI draws near; and how Anthropic and OpenAI are on track to control most of the world’s usable FLOPs within the next few years (because they can monetize compute better and thus outbid everyone).</p><p>And then we discuss whether the >$10T of total AI capex we’ll see by the end of the decade will cause a sovereign debt crisis, where hyperscaler debt raises interest rates, drives non-AI exposed countries into bankruptcy, and crashes non-AI equities.</p><p>One question we weren’t able to resolve is whether there’s anything that can counter all the forces barrelling towards centralization in this industry - the economies of scale in training, the scarcity of compute, and eventually continual learning and RSI.</p><p>Watch on <a target="_blank" href="https://youtu.be/aV26V1UvkJw">YouTube</a>; read the <a target="_blank" href="https://www.dwarkesh.com/p/dylan-patel-3">transcript</a>.</p><p>Sponsors</p><p>* <a target="_blank" href="https://x.ai/bot">Grok Bot</a> has been quite helpful with my search for a new editor. I created a recruiter bot and described the type of editor I was looking for. That bot then spun up a handful of subagents that combed through my emails and X DMs, read the end credits of various documentaries I like, and figured out who edits for some of my favorite YouTubers. It took all of those results, and then delivered me a shortlist of candidates that matched my criteria. Try Grok Bot for yourself at<a target="_blank" href="https://x.ai/bot"> </a><a target="_blank" href="http://x.ai/bot">x.ai/bot</a></p><p>* <a target="_blank" href="https://antithesis.com/dwarkesh">Antithesis</a> lets you add time travel to your software testing toolkit. Since the Antithesis platform is fully deterministic, everything that happens inside of it is perfectly reproducible. So if your software crashes, you can rewind to the exact right moment, freeze time, and investigate. Or you can test different hypotheses by perturbing the system: kill a node or disable a feature, see what happens, then reset the trajectory and try something else. Learn more at<a target="_blank" href="https://antithesis.com/dwarkesh"> </a><a target="_blank" href="http://antithesis.com/dwarkesh">antithesis.com/dwarkesh</a></p><p>* <a target="_blank" href="https://janestreet.com/dwarkesh">Jane Street</a> is hiring for two separate ML internships right now, one focused primarily on research and one focused on engineering. In both cases, interns are expected to contribute to real work, not contrived exercises: one common project is adapting a frontier LLM paper to financial markets, which tend to come with a ton of different gnarly challenges. Importantly, you don’t need any finance background to apply. 2027 applications are open now at<a target="_blank" href="https://janestreet.com/dwarkesh"> janestreet.com/dwarkesh</a></p><p>Timestamps</p><p>(00:00:00) – Two labs will soon control most of the world’s compute</p><p>(00:07:01) – $6 billion in fab capex enables $1t+ of end revenue</p><p>(00:13:08) – Compute prices will rise if the labs outbid everyone</p><p>(00:18:22) – Which layer will capture most of the surplus?</p><p>(00:25:40) – What could slow down progress?</p><p>(00:29:43) – Labs are shifting compute from inference to R&D</p><p>(00:33:27) – China gets less than 10% of new compute, but its labs need less</p><p>(00:48:48) – Will AI cause a sovereign debt crisis?</p><p>(01:07:52) – Will the world’s future workforce belong to a few companies?</p> <br/><br/>Get full access to Dwarkesh Podcast at <a href="https://www.dwarkesh.com/subscribe?utm_medium=podcast&utm_campaign=CTA_4">www.dwarkesh.com/subscribe</a>
▶ ListenDecoder with Nilay Patel
OpenAI's executive exodus has one big winnerToday, I’m talking with Hayden Field, The Verge’s senior AI reporter, about some pure Decoder bait: the seemingly-endless org chart changes at OpenAI, and how all of them seem to consolidate power under cofounder Greg Brockman, the company’s president. While Sam Altman is the CEO and still OpenAI’s most public face, Brockman has amassed enormous power and influence within the top ranks of the company as other senior leaders have left in rapid succession. So I wanted Hayden to break down for me what’s going on at OpenAI, and the increasingly important role Greg Brockman will play in its future. Links: It’s Greg Brockman’s OpenAI now | The Verge OpenAI’s Brockman brushes off concerns about leadership changes | CNBC Sam Altman on building OpenAI & betting on the impossible | David Senra OpenAI’s Q2 sales show tepid growth compared to Anthropic | WSJ Anthropic's revenue run rate reportedly surpasses $65 billion pre-IPO | Axios OpenAI President On Reinventing Computers | Johanna Stern / YouTube Greg Brockman takes control of OpenAI’s products in latest shake-up | Wired OpenAI’s president is a Trump mega-donor | The Verge Subscribe to The Verge to access the ad-free version of Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Decoder is produced by Greg Ott, Kate Cox, and Nick Statt. This episode was edited by Ursa Wright. Our editorial director is Kevin McShane. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices
▶ ListenBloomberg Surveillance
Bloomberg Surveillance TV: August 27th, 2026<p>Featuring:</p> <ul> <li>Aaron Kennon, CEO & Co-Founder of Clear Harbor Asset Management</li> <li>Stuart Benjamin, Professor at the Duke Center for Innovation Policy</li> <li>Torsten Slok, Partner & Chief Economist at Apollo Management</li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
▶ ListenThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega<p>Jerry Murdock is the Co-Founder of Insight Partners, which manages over $90 billion in assets. Jerry personally backed companies including Twitter, Nest and Docker, while Insight's portfolio includes giants such as Shopify, Wiz and monday.com. Across three decades, Insight has helped produce 55+ IPOs and become one of the most powerful technology investment firms in the world. </p> <p>AGENDA:</p> <p class="isSelectedEnd">00:00 — Is the AI Bubble About to Burst?</p> <p class="isSelectedEnd">11:00 — Will Half of All Neoclouds Disappear Within 36 Months?</p> <p class="isSelectedEnd">13:00 — Can Open Source Models Actually Beat OpenAI and Anthropic?</p> <p class="isSelectedEnd">22:00 — Are We Entering the Golden Age of Cybersecurity Attacks?</p> <p class="isSelectedEnd">32:00 — Have AI Valuations Completely Lost Touch With Reality?</p> <p class="isSelectedEnd">42:00 — Is AI About to Wipe Out an Entire Generation of SaaS & Private Equity?</p> <p class="isSelectedEnd">47:00 — Should We Ban U.S. Chips From Being Exported to China?</p> <p class="isSelectedEnd">48:00 — Should We Be Fearful of Open-Source Chinese Models?</p> <p class="isSelectedEnd">49:00 — Will Continuous Learning Kill Every AI Model We Use Today?</p> <p class="isSelectedEnd">53:00 — Why Microsoft Remains a Mega Buy</p> <p>56:00 — Which Mag 7 Giant Would You Short — and Is Apple's AI Strategy a Disaster?</p> <p> </p>
▶ ListenSlate Money
P(doom) and Other AI Questions<p>This week: the Slate Money hosts ask all their burning A.I. questions to someone who can actually answer them. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> sit down with A.I. expert <a href="https://www.alephic.com/company/about" rel="noopener noreferrer" target="_blank">Noah Brier</a> and pick his brain about the reality of all our A.I. fears, the arms race with China, and how businesses are using it now.</p><br><p>In the Slate Plus episode: What’s Up With Robots?</p><br><p>Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
▶ ListenThe a16z Show
The New Economics of AI | Martin Casado & Steven Sinofskya16z General Partners Martin Casado and Erik Torenberg are joined by Board Partner Steven Sinofsky to explore what recent breakthroughs in AI and mathematics tell us about where the technology is headed, and whether some of the basic assumptions that have governed computing for decades are starting to break. Martin and Steven debate whether AI's progress in mathematics represents a genuine leap in reasoning or simply a new tool for solving problems at a higher level of abstraction. From the four-color theorem and early computers to graphing calculators and today's models, they trace how new technologies have repeatedly changed which problems humans need to solve themselves, and ask what makes this moment different. The conversation then turns to one of the biggest shifts in AI: problems that were once constrained by engineering talent can increasingly be attacked with capital and compute. They discuss what that means for startups versus incumbents, venture capital, the coming wave of AI applications, and why pouring billions into increasingly capable models may force us to rethink what these systems can ultimately accomplish.
▶ ListenThe Compound and Friends
The Four Horsemen of the AI Apocalypse with Ed ZitronOn episode 257 of The Compound and Friends, Downtown Josh Brown and Michael Batnick are joined Ed Zitron to discuss: the ultra-bear case for AI, Nvidia’s explosive growth, the economics of OpenAI and Anthropic, whether AI demand can justify the massive hyperscaler CapEx boom, the data center buildout, CoreWeave and the neoclouds, Oracle’s AI bet, private credit and debt financing, the warning signs that could finally break the AI spending cycle, the “rot economy,” whether AI is actually improving corporate productivity, and much more! This episode is presented by Fidelity Investments and the all-new Fidelity Trader+, Fidelity’s most powerful trading platform yet. Learn more at http://www.fidelity.com/TraderPlus Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Fidelity Disclosure: Fidelity Investments and The Compound are not affiliated. Views, opinions, products, services, and strategies discussed are not endorsed or promoted by Fidelity Investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC Learn more about your ad choices. Visit megaphone.fm/adchoices
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