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AI Data Centers Are the Most Speculative Bubble in History w/ Ed Zitron

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43K VIEWS

AUG 17, 2026 at 12:00 PM EDT

Ed Zitron returns to The 1600 to make his case that AI's biggest players are betting hundreds of billions on a future that may never arrive. From OpenAI and Anthropic's finances to the rapid buildout of AI data centers, Zitron argues that today's AI boom looks increasingly like a speculative bubble. He and Carlo discuss Big Tech's AI spending spree, the promise of "superintelligence," looming IPOs, and whether the industry can keep defying the numbers.

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