Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
OpenAIAnthropicgenerative AIdata centercapital expenditurestech industryfinancial strugglesriskinvestment
Author: johnbarron
Date: 7/3/2026
Article Summary:
A discussion on the financial struggles of OpenAI and Anthropic, the potential risks of investing in generative AI, and the impact of a possible pullback in data center capital expenditures on the tech industry.