You could take all the revenue of all the advertising, take it away from television stations, from newspapers, from magazines, directed all to AI. It doesn't come close to supporting all the capital investment. So how are they going to get there? The only way they can get there is through cost savings. And what is cost savings? The elimination of people and jobs. And this is where I come down to my opinion. The AI bubble will absolutely crash and burn. Why would I say such a thing? And I believe this technology is enormous. (1:14:37–1:14:48)
CLAIM
Asserts that AI can achieve necessary cost savings primarily through job elimination.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
