To Ed's credit, he's coming with real numbers. Much of his reporting is based on quarterly earnings reports, press releases, correlating reports from outlets like The Information, etc.

Contrast that with hyperscalers no longer reporting AI revenue separately, making bold claims about long term growth with no evidence to back it up, and a tech media apparatus that has largely avoided asking founders hard questions.

I know just as well as you how this is all going to turn (which is to say, nobody really knows). But I'll take the person doing the math over the person trying to hide numbers all day long.

See this [1] for how he comes up with numbers. I think he says a lot of things without understanding and not many serious participants in the area takes him seriously.

[1] https://x.com/binarybits/status/2034376359909130249