# Capex on The No Agenda Show Capex comes up in 4 chapters across 4 episodes of The No Agenda Show, from August 2025 to May 2026. - **Chapters:** 4 - **Episodes:** 4 - **Discussed:** August 2025 – May 2026 - **Related topics:** [Ai](https://search.noagendashow.net/topic/ai.md), [Alphabet](https://search.noagendashow.net/topic/alphabet.md), [Bloomberg](https://search.noagendashow.net/topic/bloomberg.md), [Donald Trump](https://search.noagendashow.net/topic/donald-trump.md), [Energy Prices](https://search.noagendashow.net/topic/energy-prices.md), [Google](https://search.noagendashow.net/topic/google.md), [Google Cloud](https://search.noagendashow.net/topic/google-cloud.md), [Meta](https://search.noagendashow.net/topic/meta.md), [Microsoft](https://search.noagendashow.net/topic/microsoft.md), [Oil Industry](https://search.noagendashow.net/topic/oil-industry.md) ## Chapters 1–4 of 4 ### Google I/O, Gemini Spark AI Agent Launch - **Episode:** [1870: VBS](https://search.noagendashow.net/episode/1870-vbs.md) - **Published:** 2026-05-21 - **Time:** 1:53:44–2:00:33 - **Transcript:** https://search.noagendashow.net/episode/1870-vbs/chapter/google-i-o-gemini-spark-ai-agent-launch.md At Google I/O, CEO Sundar Pichai introduced Gemini Spark, a personal AI agent that operates 24/7 in the Google Cloud. The demonstration included mundane tasks like managing a "bounce house" schedule and turning emails pink, which are criticized as lame examples of the technology's potential. Google's annual capital expenditure is expected to reach $190 billion to support this infrastructure, raising questions about the actual value of these AI features. Keywords: [google](https://search.noagendashow.net/topic/google.md), gemini spark, ai agent, [google cloud](https://search.noagendashow.net/topic/google-cloud.md), [capex](https://search.noagendashow.net/topic/capex.md), [sundar pichai](https://search.noagendashow.net/topic/sundar-pichai.md) ### Corporate Tax Rulings, Capital Expenditure Write-offs, Oil Industry - **Episode:** [1837: Moral Injury](https://search.noagendashow.net/episode/1837-moral-injury.md) - **Published:** 2026-01-25 - **Time:** 19:01–20:44 - **Transcript:** https://search.noagendashow.net/episode/1837-moral-injury/chapter/corporate-tax-rulings-capital-expenditure-write-offs-oil-industry.md New tax rulings allow many corporations to write off capital expenditures in a single year rather than amortizing them over seven years, incentivizing domestic factory construction. However, the oil industry reportedly does not receive the same favorable treatment for its infrastructure investments. This shift from operating expenses to capital investment is a key factor in recent industrial expansion. Keywords: [capex](https://search.noagendashow.net/topic/capex.md), opex, [tax law](https://search.noagendashow.net/topic/tax-law.md), amortization, [oil industry](https://search.noagendashow.net/topic/oil-industry.md) ### US Oil Production, Permian Basin Losses - **Episode:** [1824: Battle Rhythm](https://search.noagendashow.net/episode/1824-battle-rhythm.md) - **Published:** 2025-12-11 - **Time:** 1:32:03–1:33:42 - **Transcript:** https://search.noagendashow.net/episode/1824-battle-rhythm/chapter/us-oil-production-permian-basin-losses.md Reports from the Permian Basin suggest that some U.S. oil producers are currently pumping at a loss due to high regulatory costs and a drop in barrel prices to approximately $56. While President Trump has called for lower energy prices, industry insiders argue that $75 per barrel is necessary for many domestic operations to remain profitable. Keywords: [oil production](https://search.noagendashow.net/topic/oil-production.md), [permian basin](https://search.noagendashow.net/topic/permian-basin.md), [energy prices](https://search.noagendashow.net/topic/energy-prices.md), [capex](https://search.noagendashow.net/topic/capex.md), [donald trump](https://search.noagendashow.net/topic/donald-trump.md) ### AI Investment Returns, Agentic AI Squared - **Episode:** [1795: Dead Feathered](https://search.noagendashow.net/episode/1795-dead-feathered.md) - **Published:** 2025-08-31 - **Time:** 1:36:45–1:39:49 - **Transcript:** https://search.noagendashow.net/episode/1795-dead-feathered/chapter/ai-investment-returns-agentic-ai-squared.md Financial analysts on Bloomberg discuss the massive increase in AI investment, projecting a shift from $43 billion to nearly $800 billion in six years. Despite concerns about the lack of immediate returns, tech CEOs argue that under-investing is a greater risk than over-investing. The concept of "AI squared"—AI programming itself—is introduced as the next phase of the technology cycle. Keywords: [ai](https://search.noagendashow.net/topic/ai.md), [bloomberg](https://search.noagendashow.net/topic/bloomberg.md), [alphabet](https://search.noagendashow.net/topic/alphabet.md), [meta](https://search.noagendashow.net/topic/meta.md), [microsoft](https://search.noagendashow.net/topic/microsoft.md), [capex](https://search.noagendashow.net/topic/capex.md), enterprise ai --- This is the markdown version of a page on The No Agenda Show for AI agents. Every public page on this site has one: add `.md` to its URL, or request it with `Accept: text/markdown`. - [Site index for agents (llms.txt)](https://search.noagendashow.net/llms.txt) - [Home](https://search.noagendashow.net/index.md) - [Search transcripts](https://search.noagendashow.net/search.md) - [All episodes](https://search.noagendashow.net/episodes.md) - [Topics](https://search.noagendashow.net/topics.md) - [People](https://search.noagendashow.net/people.md)