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The AI boom isn’t real: 70% of AI revenue comes from OpenAI and Anthropic | Ed Zitron (www.youtube.com)

submitted 1 day ago by babysmokesalot@sh.itjust.works to c/fuck_ai@lemmy.world

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Cross posted from https://sh.itjust.works/post/65157881

“If 70% of AI revenues are these two companies, there is no AI industry.”

Writer of Where’s Your Ed At and the host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about the state of the AI industry as it’s revealed that over two thirds of hyperscaler AI revenue is coming from two companies.

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[-] Buffalox@lemmy.world 5 points 1 day ago

They are talking about a value of $2 trillion for Anthropic. Somebody is going to lose a lot of money.

[-] green_goglin 2 points 20 hours ago

Be long puts.

this post was submitted on 16 Aug 2026

227 points (99.1% liked)

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