I found this article, unfortunately it’s very long so I’ve posted a summary here with a link to the article. The gist of the article is that AI is overhyped, expensive, and not profitable.
Also, the one company making money from this is only profitable because the four other top companies in the AI space are buying from them, but they’re not making money.
The article argues that the generative AI industry is in a financial bubble, driven by hype and unsustainable spending.
Ed Zitron’s “Hater’s Guide To The AI Bubble” claims the current generative AI boom is a fragile, overhyped bubble propped up by massive investments from tech giants like Microsoft, Amazon, Google, Meta, and Tesla—primarily to buy NVIDIA GPUs. Despite hundreds of billions in capital expenditures, these companies see little real revenue or profit from AI, with only NVIDIA reliably making money. Zitron contends that generative AI products, especially large language models, are expensive to run, lack unique business models, and fail to deliver meaningful productivity gains or replace human labor as promised. Most AI startups are deeply unprofitable, and even the most successful ones, like Cursor, rely on unsustainable pricing and face rising costs from model providers like OpenAI and Anthropic, who themselves lose billions annually. The article criticizes misleading industry terms like “agents” and “AGI,” arguing that media and executives exaggerate AI’s capabilities. Ultimately, Zitron warns that the AI trade is brittle, with the US stock market’s stability tied to continued GPU purchases. If sentiment shifts or spending slows, the bubble could burst, causing widespread financial fallout. He calls for skepticism, accountability, and a return to genuine innovation over hype.
Consider this: Any website that ranks on the first page of the Google search results is getting lots of traffic.
Any advertising they have on those pages will be getting clicked and they will be making money.
Now you could just search for your niche and see what sites get shown, and that will work to an extent, but there is a better way to get more results.
Search for phrases that they must have on their sites, such as “As an Amazon Associate” or “We earn a commission if you make a purchase. “
The affiliate disclosure statement must be on every page with affiliate links.
Searching for those will show all the sites that have affiliate links and, more importantly, those that rank in Google.
Once you have those URLs you can use Ahrefs or similar tools to discover the keywords they are ranking for, how much traffic they’re getting, etc.
ChatGPT can also be used to pluck their keywords from their site.
Once you’ve found a profitable site and its keywords, you can easily emulate the site and pages and reasonably expect similar results.
The fastest way to get traction with a new niche website using this method would be to make all your initial posts around the keywords that you can rank the easiest.
Ask if you want more details.
Regards, Brent.
P.S. Some people will tell you to only make websites in niches that you’re passionate about, but what if your passionate niche isn’t profitable?
The smarter approach is to find a sub-niche in a profitable market and work with that for a while.
When you get bored with it, sell it and start another in a different sub-niche.
It’ll still sell for a reasonable sum even if it isn’t making much money.
Using this brilliant AI method makes it easy for you to build a niche site quickly that will make money.
So, is this new crop of legislation for your and your kids protection?
Or is it more about gaining more control over your movements?
This is what China is doing.
You have three ways of playing this.
Take the risk and comply with all requests for data with the truth.
Scrub your data from the Internet as much as possible, and create a new persona for your Internet activities.
Leave the Internet entirely, and never go back.
It’s not so much about not trusting your government, but is about not trusting any site that stores your data to be 100% secure.
Spoiler alert: Nothing is 100% secure, even if it’s not connected to the Internet.
Regards, Brent.
P.S. It’s not paranoia if they really are after you.
My way of taking some precautions are to have access to secure email, secure web browsers, use a VPN, use a different persona for most of my activities.
The next step is to make sure you have a at least one other way to make money than the one you’re using right now.
Dia has an AI tool built in that can access any web page you might have open, including videos.
Let’s say you want a useful, targeted product for something you’re promoting as an affiliate.
Go to the sales page for that product.
Ask the Dia chat to create a checklist for the product.
Make a PDF from that, or just copy paste it into a Google doc.
Instant product to offer as a bonus.
Perhaps there are multiple review videos for a product.
Open each of them in a new tab, open the sales page in another tab.
Ask the chat to search all of those tabs and identify what’s missing that could be useful for buyers.
Create that product to offer as a bonus, or stand alone product.
Yes, you can do similar with other AI tools as plugins for your web browser, but they can only use the tab that you are looking at, not any of the other tabs that may be open, but not in focus.
If you want to build a website, there are multiple AI tools that can build one in minutes.
Do they need a calculator for their website?
AI tools can do that in minutes as well.
What about a desktop app that is their website so that when they update their website, the app is updated, great for resturants, cafes, take-aways, etc., add the ability to order from the app and that’s a killer opportunity.
AI tools can do that for you.
Instead of trying to flog digital products to people who don’t want them, how about working in the digital divide?
The gap between the online world and the offline world.
That gap is getting wider, and wider.
The money in that gap is massive.
You don’t have to compete with building stuff for big businesses, the small ones are less fussy and have fewer resources or time to explore these things themselves, but they know they need help.
Have a look at this list, https://go.wm-tips.com/92ways, I’ve just reviewed it and there are definitely some great ones in there that you can do with AI.
The problem most wanna be marketers have is that they don’t put enough effort.
I confess that I’ve been guilty of this as well; you’re not alone.
90% of wanna be marketers either have done or continue to do this.
Instead of doing what they know they should be doing, they put in a half-assed effort.
You all know that you should set up a bridge page, collecting the email addresses of everyone who lands on the page before sending them to the sales page.
But you don’t.
What you do instead is send them directly to the sales page “to test if it sells” before you put any effort in.
Guess what?
You’ll get zero sales, claim the sales page doesn’t convert, and half-ass another offer with the same result.
This means you don’t build your email list, you don’t make sales, and you quit, going back to flipping burgers or the equivalent.
