Ed (Prof G / Scott Galloway?)
👤 PersonAppearances Over Time
Podcast Appearances
Let's get on with it.
This is not CNBC.
Okay.
Here is our conversation with Jonathan Cantor, former Assistant Attorney General for the Antitrust Division of the U.S.
Department of Justice.
Jonathan, great to have you back on Profity Markets.
Thank you for being with us.
So we really wanted to bring you on to get your reaction to what is happening in AI.
We've discussed potential antitrust concerns when it comes to AI before.
We've been talking about it going way back to when we realized that all of these board directors on all of these different AI companies, they all serve on each other's boards.
And then it
kind of progressed to these AI companies or these big tech companies investing in AI startups and then swallowing them up and taking their employees and oftentimes taking their profits.
We saw that with scale AI.
We saw that with inflection.
We even saw that with open AI.
And now we're getting to a point where they're all financing each other
through these circular deals where you invest in an AI startup and then the AI startup turns around and spends that investment money on your chips and on your compute, it's all getting a little bit shady, is what we would say.
And we have a lot of concerns in the community, in the investment community, that we are seeing a bubble.
So that's sort of the picture that we're seeing.
We want to get your reaction as a preeminent antitrust expert.