08 · THE CRITICS
"Insane" is now mainstream
"Frontier models have been completely oversold... enterprises are paying for tokens that generate no value while handing over their alpha to third-party providers."— ALEX KARP, PALANTIR CEO, CNBC SQUAWK BOX, JUL 1 2026
- Ed Zitron leaked audited financials (confirmed by the FT) put OpenAI real economics on public display days after its confidential IPO filing.
- Oracle warned the SEC its AI buildout could unravel on nonpayment and non-renewal.
- Operators and auditors now openly question whether the model layer is a business — or a subsidized commodity heading into a price war.
Sources: CNBC; Financial Times; Forbes Jul 4 2026