AI Bubble: ‘The moment they stop spending, they crash’ | Ed Zitron

“Nothing is where it needs to be. Absolutely nothing. Nvidia’s $200bn in revenue, that’s chump change compared to where they need to be in a year.”Writer of Where’s Your Ed At and host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about Nvidia exacerbating the AI bubble circular financing problem with a newly announced $500bn financing proposal as the SEC exempts some data center backed securities from regulations put in place after the 2008 financial crisis. Hosted on Acast. See acast.com/privacy for more information.