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Zitron: "Everyone Has Been Sold a Lie" on AI
Posted
August 1, 2026
Views
13,543
Likes
561
Comments
128
Engagement
5.09%
August 1, 2026
13,543
561
128
5.09%
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8:48Now PlayingFollowing 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."
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