Canaries in the AI Coal Mine
Uber, Tesla, xAI, Meta, and now IBM have all quietly signaled the same thing: AI is too expensive. Ricky Mulvey and Malcolm Ethridge discuss:
Whether "gotcha questions" in media interviews (from Tucker Carlson to JD Vance on Rogan) actually work
Why Malcolm bought Netflix into weakness after a disappointing earnings report, and picked up Cerebras (CBRS) as a bet against Nvidia's pricing power.
The "canaries in the coal mine" for AI spending: Tesla and Uber capping employee AI token usage, Meta and xAI signaling they overbuilt data center capacity, and IBM's ugly pre-released earnings blaming AI infrastructure costs
Why Ricky bought VICI Properties, the landlord behind Caesars and MGM on the Las Vegas Strip, as a hideout trade disconnected from AI
The other half of the K-shaped economy: falling grocery unit sales at PepsiCo versus surging same-store sales at Costco
A listener question on gifting money tax-free to kids for a home down payment.
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Hosts: Ricky Mulvey, Malcolm Ethridge
Engineer: Tim Sparks
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