OpenAI, a non-profit AI company that will lose anywhere from $4 billion to $5 billion this year, will at some point in the next six or so months convert into a for-profit AI company, at which point it will continue to lose money in exactly the same way. Shortly after| Ed Zitron's Where's Your Ed At
Throughout the last year I’ve written in detail about the rot in tech — the spuriousness of charlatans looking to accumulate money and power, the desperation of the most powerful executives to maintain control and rapacious growth, and the speciousness of the latest hype cycle — but at the end of| Ed Zitron's Where's Your Ed At
Like this newsletter? Subscribe to my podcast Better Offline - this week we've got a two parter digging into Sam Altman, with a deeper dive featuring Tom Dotan of the Wall Street Journal (Part 1) and Ellen Huet (Part 2, airing Friday.) I think you'll love the back-catalog too! The| Ed Zitron's Where's Your Ed At
Like this newsletter? You should listen to the Better Offline episode! In the first quarter of 2024, Meta made $36.45 billion dollars - $12.37 billion dollars of which was pure profit. Though the company no longer reports daily active users, it now uses another metric: “family daily active| Ed Zitron's Where's Your Ed At
Note: In my last newsletter, I said that my next post would be the second part of my Facebook autopsy. Don’t worry, that’s still coming, but given the recent drama between Sam Altman, OpenAI, and Scarlett Johansson, I felt the need to write something. Don’t worry, I| Ed Zitron's Where's Your Ed At
Enjoy this post? Why not try the podcast version? Please download it, and also all the other episodes. Over the last decade, few platforms have declined quite as rapidly and visibly as Facebook and Instagram. What used to be apps for catching up with your friends and family are now| Ed Zitron's Where's Your Ed At
