Today, Ed Zitron, renowned AI critic and writer of Where's Your Ed At, returns to Mostly Economics with Dean Baker to follow the money trail of today’s AI ‘revolution.’ They dig into Amazon's strange $8 billion chip deal, Oracle's mounting debt troubles, and the hundreds of billions in computing bills coming due for OpenAI and Anthropic. They warn that Wall Street made the bets and regular people will bear the losses. Why does it always seem to work out this way? -- www.mostlyeconomics.com -- Follow Ed Zitron: https://x.com/edzitron https://bsky.app/profile/edzitron.com Follow Dean Baker and CEPR: https://x.com/deanbaker13 https://x.com/ceprdc https://bsky.app/profile/deanbaker13.bsky.social
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