The AI bubble needs 3 miracles

Homepage > News > Editorial > The AI bubble needs 3 miracles The views expressed in this article are those of the author and do not necessarily reflect the position of CoinGeek. A short clip has been making the rounds on X in the last week of August 2026. Ricardo (@Ric_RTP) posted 161 seconds of Ed Zitron, the tech industry’s most relentless bookkeeper of artificial intelligence (AI) losses, walking through the actual economics of the AI industry, and it is that rare clip where the scary numbers check out. The AI bubble’s real problem is not the chatbots or the science; it is the infrastructure financing. The industry is paying for this buildout as if it were long-lived infrastructure (twenty-year buildings, multi-year debt), while the productive asset inside the building is silicon with the shelf life of a gaming laptop. The AI bubble’s real problem is its financing Apple found a way to monetize depreciation When does the AI math finally work? Didn’t Anthropic prove AI can be profitable? Railroad iron outlived its bankruptcies, and so did telecom fiber. GPUs will not. Here is the post: This Silicon Valley insider just exposed Sam Altman and Dario Amodei of running a con o...