Ed Zitron: Apple Will Watch the AI Bubble Burn

Apple Will 'Watch Everything Burn' When the AI Bubble Bursts

I argue that the Large Language Model industry is built on broken economics where subscription fees cannot cover token costs. While hyperscalers spend trillions on data centers funded by private credit, the actual enterprise demand is a mirage. As memory prices double and hardware costs rise, consumers are subsidizing a speculative buildout that will likely collapse, leaving Apple to watch the fire while others burn.