Why AI Has No ROI with Paul Kedrosky
Summary
Host Ed Zitron and economist Paul Kudrosky critique the AI industry’s lack of ROI, highlighting GitHub Copilot’s shift to token-based pricing that exposed previously hidden costs. They discuss structural risks like duration mismatches between debt-funded data centers and deflating token prices, arguing that massive capital expenditures may become stranded assets. The conversation also debunks inflated GDP metrics and the "AI dark output" narrative, suggesting current AI adoption produces low-value "slop" rather than genuine economic productivity.
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