I like Ed's sense of humor, I also like that he can distill down a lot of messy details into something more cogent, especially with the money side.

But, I also think he has missed the mark on a fair few things in terms of out comes. He may be proven right yet in terms of the general shape of things for some parts of the industry but also will have some big misses.

My general take away usually comes down to, places like OpenAI, Anthropic and Oracle have gone in a little to hard to fast and it may hurt them long term as they struggle to make it work in terms of economics. not that they can't just it will be difficult. But places like Microsoft, Google, Meta, Apple, Amazon; they have a very long runway to endure the growing pains and make it through to a long term business that no longer burns cash.