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Conservative Review with Daniel Horowitz

The Great AI Reckoning: OpenAI, Data Centers, and the Coming Crash … or Bailout | 6/18/26

Conservative Review with Daniel Horowitz

Blaze Media

Society & Culture, News Commentary, Politics, News

4.83.5K Ratings

🗓️ 18 June 2026

⏱️ 55 minutes

🧾️ Download transcript

Summary

The AI industry promised a technological revolution. Instead, some of the biggest players are burning billions of dollars while demanding more data centers, more energy, more subsidies, and more government support. Meanwhile, their models — and the business model undergirding it — are rapidly failing. I’m joined by AI pioneer Gary Marcus to expose the growing cracks in the generative AI business model. OpenAI is reportedly losing tens of billions, while major tech companies slash token usage, cut spending, and confront the reality that the economics simply don't add up. Real AI innovation is moving away from the data center and LLM model at a time when companies are tripling down on debt-driven spending to prop it up. The future of AI will not look like ChatGPT. It is those tech bros, and the politicians who support them, who are holding up true technological innovation. Separately, but relatedly, I break down the latest political capitulations on the Iran deal, immigration, and how the "America First" agenda is being sold out to corporate interests. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Politics without the soap opera with unfiltered constitutional conservative truth.

0:06.2

The Conservative Review with Daniel Burns.

0:09.3

And welcome back fellow American patriots and Minutemen standing at the ready to fight anew for the issues that matter today on this Thursday here at CR podcast, your host Daniel Hurwitz, back here to discuss whether the

0:24.9

generative AI data center bubble has finally reached its brick wall with now the major

0:31.3

companies saying and admitting themselves that even the amount of revenue they were making from the charges that they were

0:41.2

charging for tokenization that was nowhere near enough to covering the crazy cost of their Ponzi

0:51.3

scheme expenses, that's too much. And now they have to lower their prices.

0:54.9

They have to cut down on max tokenization.

0:59.7

Have they finally met their brick wall?

1:02.0

That government gave them everything they need to succeed.

1:05.7

And this LLM deity just didn't produce what they promised.

1:10.2

Gary Marcus is the guy who really warned about this years ago.

1:14.7

By the way, he's been working in neurosciences and LLMs his entire life for decades.

1:24.0

And he was a big part of AI.

1:26.5

And he warned that you're putting your investment in the wrong thing.

1:31.5

And everything he said turned out to be true.

1:33.5

So he's going to be a returning guest momentarily.

1:37.3

You know, the reason why I bring up big tech today, even though everyone's talking about the Iran deal, is because honestly, the two of

1:46.7

them are very much connected in many ways. I'm shocked at how people are shocked that Trump would

1:55.1

go all in for an Iran war in the wrong way at the wrong time, then have no strategy come out the opposite

2:05.8

end going all the way to the other direction to the point that even Obama administration officials

2:11.3

are attacking him for being too pro-Iran. And then what greater image than Trump in Versailles signing the unconditional surrender,

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