AI Bubble: ‘This could humiliate the largest companies in the world’ | Ed Zitron
Summary
Host Isaac and guest Ed Zitron discuss a Bloomberg report revealing Microsoft has only 2 gigawatts of active AI compute, far below its claimed capacity. They argue this suggests hundreds of billions in NVIDIA GPUs are sitting in warehouses, implying massive industry-wide over-ordering and potential financial misrepresentation. The episode explores how this "pre-order" model distorts valuations, creates supply chain bottlenecks, and raises questions about whether NVIDIA’s revenue reflects genuine demand or speculative hoarding.
Listen ad-free on Castria