Ed Zitron
speaker
114 appearances
1 recordings
1 series
first heard Jul 2026
last heard 22 Jul
Ed Zitron’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Yeah, the whole layman situation was rough.
Things were bailed out.
They helped sort out things around Lehman.
They still let many companies die.
They still let the stock market go into 70-80% drawdown.
They still let millions of people go homeless.
They still led to massive unemployment.
They didn't stop anything happening.
They did that because if they didn't do that, banking would crash.
Banking would stop.
That was too big to fail.
There's not really troubled assets with AI to bail out.
You can't bail out the fact that there really isn't real demand, and what demand exists is predominantly through subsidized subscriptions.
This is not the same thing, and I think that when people kind of wish it to be, what they're trying to do is avoid...
Thinking about hard things and thinking about dangerous and scary things, people aren't scared of a bailout.
People are scared of something happening that they've never experienced before.
This is a really unique situation and uniquely dangerous because of the amount of retail money, regular people's money, that is now flowing into AI and AI-related things.
There is no turning this around unless they manage to create a business that makes $300 billion of profit a year in the next two years.
Something undoable.
And all of this could have been avoided if everybody had bothered to scrutinize any of this before 2026.
Showing 81–100 of 114 · page 5 of 6
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