He makes very specific predictions about specific companies and they are wrong.

You think we are in a bubble and that AI won't pay off for the companies investing in it.

While I'm sure there will be companies that invest badly the problem with your prediction is that the public hyperscalers (Google, Amazon and MS especially) are already seeing returns from their AI investments.

Look at the revenue growth - that is actual dollars coming through the door.

Here's an exercise you should consider doing: instead of your $1000/$10 numbers, use real numbers for the major software companies investing heavily in AI.