The Man Who Calls BS On AI: AI Is The World’s Greatest SCAM, And They All Know It! | Ed Zitron

0:00I think generative AI is at its heart con, and seeing these ultra-rich, ultra-powerful people lie through their f***ing teeth, turns my stomach.

0:08The word con is a strong word.

0:10Well, what do you call something where from the very beginning they've sold it in the terms of magic, but it's just a half-arsery machine?

0:16They are misleading the entire world,

0:18You are the first person that I've spoken to that has that opinion.

0:20Well, the fact that this is happening is insane, and the fact it's not a scandal is insane.

0:25And I've been in the tech industry for 16 years now, and I love technology, and I'm enthusiastic about it.

0:30But I don't like being misled.

0:32And this is the largest non-consensual push of technology in history.

0:36So we're going to play a game, Ed.

0:37I have the things that you consider to be myths about the AI industry.

0:42Let's play it.

0:43The AI industry is creating enormous economic growth.

0:46No, it's not.

0:46All of these companies run at a horrifying loss.

0:49OpenAI lost $20.9 billion last year.

0:51None of these people can just say, yeah, we're on the path to making this profitable because they can't.

0:55Next one.

0:56AI will replace all human jobs.