
Powell also pushed back on the idea that all that spending is amounting to another speculative bubble. He drew a clear line between today’s surge in capital expenditure and the dot-com era, noting “these companies actually have earnings.” Those projects, he said, aren’t especially sensitive to interest rates, though, since they reflect long-term bets on higher productivity.
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Remember, the industry is spending over $30 billion a month (approximately $400 billion for 2025) and only receiving a bit more than a billion a month back in revenue.
https://pracap.com/an-ai-addendum/
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Despite $30–40 billion in enterprise investment into GenAI, this report uncovers a surprising result in that 95% of organizations are getting zero return.
MIT NANDA study – The GenAI Divide: State of AI in Business 2025
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So they are firing workers, spending their reserves on data centers that wear out and deprecate fast, on a product that is failing to deliver results and the C suite thinks that this is a way to generate value… Huh?









Beyond my frustration at this being buried in a video podcast, I also would rather promote why people should be worried about privacy in a concrete and direct way.
The Cascading Impact of Privacy Loss
Concrete Example: A 10-Year Timeline
Year 0: You’re a healthy middle-class person who “has nothing to hide”
Year 3: Your insurance premiums inexplicably rise. You don’t know your fitness tracker data was sold and correlated with your grocery purchases.
Year 5: Passed over for promotion. Algorithm flagged social media posts about work stress as “low resilience indicator.”
Year 7: Attend peaceful protest. Face-recognition adds you to databases. Now randomly selected for “additional screening” at airports.
Year 9: Can’t get affordable loan. Your zip code + purchase history + social network = high risk score. The specific formula is proprietary.
Year 10: Chronic condition develops. Can’t get treatment covered - insurer says it’s “pre-existing” based on data you didn’t know they had from a DNA test you took for fun in Year 2.
Your lifespan: Statistically reduced by 5-10 years compared to privacy-protected cohort.
Privacy isn’t about “having something to hide.” It’s the immune system of human dignity, economic fairness, political freedom, and literally - survival.
Without it, you become a data object to be optimized for others’ profit and control, not a human with agency over your own life.