Big Tech's AI Debt Will Crash the Economy

Description

Big Tech is racking up debt to fund their AI infrastructure for demand that seemingly doesn't exist. Us taxpayers are subsidizing the buildout through tax breaks, cheap energy, and public resources. Meanwhile, we're told there's no money for Social Security. But when this AI bubble bursts, they'll socialize the losses. Sources: Anthropic Report: https://www.anthropic.com/research/anthropic-economic-index-september-2025-report IBM Survey: https://www.ibm.com/downloads/documents/us-en/12f5a711174dc2ac Complete source documentation is available on Patreon To support the channel: https://patreon.com/VanessaWingardh Chapters: 00:00 Intro 00:10 Big Tech is Borrowing Massive Debt 00:50 NVIDIA versus Michael Burry 01:22 OpenAI’s Investors Question $1.4 Trillion in Deals 01:54 Who is OpenAI’s Auditor? 02:05 Institutional Investors are Dumping Stocks 02:32 AI as a “National Asset” 02:58 Demand for AI is Ridiculously Small 03:12 Google Doubling AI Capacity Every Six Months 03:37 Research Shows True Demand For AI is Small 04:22 OpenAI Math Isn’t Mathing 04:56 Anthropic’s Research Shows Low Corporate Adoption 05:23 US Census Bureau Shows AI Usage Declining 05:39 McDonald’s AI Drive Thru Blunder 06:34 Argument: New Tech Takes Time to Spread 07:01 AI has a Value Proposition Problem 07:44 Tech, Wealth Inequality, and Politics 08:15 Our Representatives Are Not Protecting Us 08:28 Social Security is Running Out 09:05 The Division is up and Down 09:50 Argument: AI Should Take Our Jobs