Friday, July 31, 2026

Zitron: "Everyone Has Been Sold a Lie" on AI | Bloomberg Podcasts

Jul 31, 2026
Following earnings this week that saw tech giants like Microsoft and Amazon report aggressive AI spending plans, EZ Primary Research CEO Ed Zitron gives his more skeptical take on the industry. In speaking about OpenAI and Anthropic


 Zitron argues "everyone is buying into these stocks because they believe all of that CapEx is going towards diverse and spread out AI demand, when in fact, what it's actually doing is helping create infrastructure for two unprofitable, unsustainable companies." -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio  

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