AnalysisBusinessOctober 20, 2026

Ed Zitron argues the AI buildout's returns can't justify its spending

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Zitron cites Apollo chief economist Torsten Slok's warning that "this AI thing better work out because if it doesn't ... we're going to have a problem," and argues hundreds of billions in investment chase single-digit billions in possible revenue. A companion piece questions whether promised data centers and GPU capacity actually exist.

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