--- title: "Premium: The Silicon Valley Bubble (Part 2)" url: https://daily.dev/posts/premium-the-silicon-valley-bubble-part-2--h0yjombuz source_url: https://www.wheresyoured.at/premium-the-silicon-valley-bubble-part-2 type: article source: "Where's Your Ed At" published: 2026-06-19T17:04:27.793Z updated: 2026-06-19T18:19:51.643Z tags: ["ai", "startup", "llm", "venture-capital", "openai"] reading_time: 8 upvotes: 16 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Premium: The Silicon Valley Bubble (Part 2) **[Where's Your Ed At](https://daily.dev/sources/wheresyoured)** · 8 min read · 16 upvotes · 0 comments ## Summary Ed Zitron continues his Silicon Valley Bubble series following his exclusive on OpenAI's audited financials, which showed the company spent $34 billion to generate $13.07 billion in revenue — a $21 billion loss in 2025. He argues that Silicon Valley has devolved from pragmatic engineering culture into a pseudo-cult protecting venture capital investments through hype, fear-mongering, and financial obfuscation. The piece critiques how AI companies use doomerism and vague promises of AGI to sustain investment despite unsustainable burn rates, and how boosters have tied their identity to AI belief systems, making rational critique nearly impossible. The installment previews deeper dives into the AI media bubble, CFO complicity, the broader SaaS collapse, and the GPU infrastructure bubble. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Premium: The Hater's Guide To The AI Bubble Vol. 2](https://daily.dev/posts/premium-the-hater-s-guide-to-the-ai-bubble-vol-2-rm5ki56ct) · Where's Your Ed At · 2 upvotes · 0 comments - [Premium: How Much Of The AI Bubble Is Real?](https://daily.dev/posts/premium-how-much-of-the-ai-bubble-is-real--xuu3q5u61) · Where's Your Ed At · 6 upvotes · 1 comments - [Ars Live recap: Is the AI bubble about to pop? Ed Zitron weighs in.](https://daily.dev/posts/ars-live-recap-is-the-ai-bubble-about-to-pop-ed-zitron-weighs-in--qjls6f0kb) · Ars Technica · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup), [#llm](https://daily.dev/tags/llm), [#venture-capital](https://daily.dev/tags/venture-capital), [#openai](https://daily.dev/tags/openai) [View this post on daily.dev](https://daily.dev/posts/premium-the-silicon-valley-bubble-part-2--h0yjombuz)