"AI IS A MASSIVE SCAM!"

OpenAI spent $34 billion in 2025 and posted an operating loss of nearly $21 billion. Seeing those figures made me want to understand what was really going on. Many times on The Diary Of A CEO, I’ve heard how AI is going to become the most valuable technology in human history. But when I saw those spending figures, I had to ask a very different question: do the underlying economics actually support the story we’re being told? So I brought in Ed Zitron. Ed is a technology writer, researcher and one of the most outspoken critics of the current AI boom. He writes *Where’s Your Ed At*, hosts the *B