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The views expressed on this podcast are those of the participants, not of Rojers' News.

I think they're seeing this as a sort of not only the companies, but obviously their investors are seeing this as a, you know, a winner-take-most market.

And so they're trying to be the first and the best to get there, which is why everybody's throwing so much money at it without any clear sense of, you know, where profit or, you know, revenue.

I mean, there's some sense of where revenue might come from, either subscriptions or advertising, productivity gains, you know, new products, but profit

is the is sort of the open question, I think.

Set aside the colossal reordering of global trade, the ongoing battles between the Trump

administration and the courts, the re-arming of Europe or the

continuing rise of China, underneath all of these chaotic gyrations, there is still one story

continuing unimpeded. Artificial intelligence, which continues to leap forward. The capabilities

of leading models from OpenAI, Anthropic, X-AI, Deepseek, and others are still improving.

In the US, Microsoft, Alphabet, Amazon, meta-platforms are set to spend a collective $320 billion

this year alone on data centers and the like to power these advanced chatbots.

New twists are emerging. Sam Oldman led OpenAI, the company that started

off this phase of the race with its chat cheapy-t bot, is acquiring legendary iPhone designer Joniive's

startup, I.O. for $6.5 billion. American trade warriors are further squeezing Chinese accents

...