#wheresyouredat — Public Fediverse posts

@Zitron via Bsky:

"Today's free newsletter is about four signs that the AI bubble is bursting: Anthropic's services and economics are decaying, AI demand is inflated, more than 50% of data centers under construction are for two companies, and NVIDIA is warehousing $150bn+ of GPUs."

"Four Horsemen of the AIpocalypse"
Where's Your Ed At newsletter
4/21/2026

https://www.wheresyoured.at/four-horsemen-of-the-aipocalypse/

#AI #AIhype #AIbubble #EdZitron #WheresYourEdAt #technofascism #technoligarchy

@GhostOnTheHalfShell

10k words, wrong thesis.

He's banging on about GPUs in boxes. The actual scandal is GPUs as financial instruments. CoreWeave has $30B in debt collateralised against physical chips in SPVs (Special Purpose Vehicle), depreciated over 6 years based on projected inference revenue that doesn't exist. NVIDIA sells the GPUs, then rents some back, and that rental income services the debt used to buy them.

Nobody knows what an H100 is worth in 2028. Billions of dollars of structured finance assumes the answer is "enough."

Not asbestos in the walls, Ed. CDOs. Read a balance sheet instead of Pluralistic for once.

Zitron found the right neighbourhood and broke into the wrong house.

#AIBubble #GPU #CoreWeave #NVIDIA #StructuredFinance #TechDebt #Securitisation #WheresYourEdAt

@GhostOnTheHalfShell

10k words, wrong thesis.

He's banging on about GPUs in boxes. The actual scandal is GPUs as financial instruments. CoreWeave has $30B in debt collateralised against physical chips in SPVs (Special Purpose Vehicle), depreciated over 6 years based on projected inference revenue that doesn't exist. NVIDIA sells the GPUs, then rents some back, and that rental income services the debt used to buy them.

Nobody knows what an H100 is worth in 2028. Billions of dollars of structured finance assumes the answer is "enough."

Not asbestos in the walls, Ed. CDOs. Read a balance sheet instead of Pluralistic for once.

Zitron found the right neighbourhood and broke into the wrong house.

#AIBubble #GPU #CoreWeave #NVIDIA #StructuredFinance #TechDebt #Securitisation #WheresYourEdAt

@GhostOnTheHalfShell

10k words, wrong thesis.

He's banging on about GPUs in boxes. The actual scandal is GPUs as financial instruments. CoreWeave has $30B in debt collateralised against physical chips in SPVs (Special Purpose Vehicle), depreciated over 6 years based on projected inference revenue that doesn't exist. NVIDIA sells the GPUs, then rents some back, and that rental income services the debt used to buy them.

Nobody knows what an H100 is worth in 2028. Billions of dollars of structured finance assumes the answer is "enough."

Not asbestos in the walls, Ed. CDOs. Read a balance sheet instead of Pluralistic for once.

Zitron found the right neighbourhood and broke into the wrong house.

#AIBubble #GPU #CoreWeave #NVIDIA #StructuredFinance #TechDebt #Securitisation #WheresYourEdAt

From @Zitron

"By giving warmongers and jingoists the cover to 'trust' this 'authoritative' service — whether or not that’s the case, they can simply point to the specious press — the ethical concern of whether or not an attack was ethical or not is now, whenever any western democracy needs it to be, something that can be handed off to Claude, and justified with the cold, logical framing of 'intelligence' and 'data.'

None of this would be possible without the consistent repetition of the falsehoods peddled by #OpenAI and #Anthropic . Without this endless puffery and overstatements about the 'power of AI,' we wouldn’t have armed conflicts dictated by what a chatbot can burp up from the files it’s fed. The deaths that follow will be a direct result of those who choose to continue to lie about what an LLM does."

from
"The #AI Bubble Is An Information War"
Where's Your Ed At newsletter
March 3, 2026

https://www.wheresyoured.at/the-ai-bubble-is-an-information-war/

#EdZitron #WheresYourEdAt #MilitaryIndustrialComplex #IranWar #SamAltman #DarioAmodei

Has #ChatGPT spontaneously tried to take out a #contract on Ed Zitron yet?

#EdZitron #WheresYourEdAt #AI #LLM #hitman #RiseOfTheMachines #assassin