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EP. 5 TECH

The $700 Billion Bet: Is AI Infrastructure the Greatest Investment in History — or the Most Expensive Hype?

Big Tech is spending more on AI in one year than the entire US energy sector. Nvidia just posted 85% revenue growth. And 142,000 tech workers lost their jobs. We break down what it all means.

Hosted by James Carter & Elena Park June 4, 2026
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About this episode

Microsoft, Alphabet, Amazon and Meta have raised their combined AI capital expenditure guidance to $725 billion for 2026 — and analysts now see the number crossing $1 trillion in 2027. Nvidia just reported $81.6 billion in quarterly revenue, up 85% year over year. Yet tech stocks fell after the announcements, and 142,000 workers have been laid off with AI cited as the primary reason. James and Elena ask the question every investor is avoiding: is the AI buildout the railroad boom of our era, or the dot-com bubble with better branding?

Timestamps

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Disclaimer

This podcast is financial commentary for informational purposes only and does not constitute a recommendation to buy or sell any security. We are not a registered investment advisor. Consult a licensed financial professional before making any investment decisions.