At the center of everything I’ve written for the last few months (if not the last few years), sits a cancerous problem with the fabric of how capital is deployed in modern business. Public and private investors, along with the markets themselves, have become entirely decoupled from the concept of what “good” business truly is, focusing on one metric — one| Ed Zitron's Where's Your Ed At
Before we get going — please enjoy my speech from Web Summit, Why Are All Tech Products Now Shit? I didn’t write the title. What if what we're seeing today isn't a glimpse of the future, but the new terms of the present? What if artificial intelligence isn't actually capable| Ed Zitron's Where's Your Ed At
Soundtrack: Post Pop Depression - Paraguay I haven't wanted to write much in the last week. Seemingly every single person on Earth with a blog has tried to drill down into what happened on November 5 — to find the people to blame, to somehow explain what could've been done differently,| Ed Zitron's Where's Your Ed At
Soundtrack: EL-P - Flyentology At the core of Microsoft, a three-trillion-dollar hardware and software company, lies a kind of social poison — an ill-defined, cult-like pseudo-scientific concept called 'The Growth Mindset" that drives company decision-making in everything from how products are sold, to how your on-the-job performance is judged. I am| Ed Zitron's Where's Your Ed At
Buried in the 8000 words I wrote last week was a worrying story — that Microsoft considered drastic measures to free up capacity in its US-based servers for GPUs to power the AI boom. In an email shared with me by a source from earlier this year, Microsoft's senior leadership team| Ed Zitron's Where's Your Ed At
I promise you, everything that's happening makes sense. It all feels so chaotic, so utterly, offensively stupid, so disconnected from reality that it's hard to understand how Meta can run a terrible company with decaying services that's also wildly profitable, or how Meta, Microsoft and Google can proliferate unprofitable, unsustainable| 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
If you enjoy this post, why not subscribe to my podcast Better Offline? This week's a two part deep dive into the Rot-Com Bubble. The noxious growth-at-all-costs mindset of the Rot Economy sits at the core of every issue that I've ever written about. It’s the force that drives| 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
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
A few months ago, OpenAI showed off “Sora,” a product that can generate videos based on a short prompt, much like ChatGPT does for text or DALL-E does for images, and I asked myself a pretty simple question: "...how can someone actually make something useful out of this?" and "how| Ed Zitron's Where's Your Ed At
Wanna listen to this story instead? Check out this week's Better Offline podcast, "The Man That Destroyed Google Search," available on Apple Podcasts, Spotify, and anywhere else you get your podcasts. UPDATE: Prabhakar has now been deposed as head of search, read here for more details. This is the story| Ed Zitron's Where's Your Ed At
Last week, Meta revealed (in a motion trying to dismiss an FTC anti-monopoly lawsuit) that Instagram made an astonishing $32.4 billion in advertising revenue in 2021. That figure becomes even more shocking when you consider Google's YouTube made $28.8 billion in the same period. Bloomberg reports that the| Ed Zitron's Where's Your Ed At
As I wrote a year ago in The Rot Economy (and as I argued on the first episode of my podcast Better Offline), I believe that both public and private markets have become decoupled from the concept of "good business," ruled instead by a hunger for the eternal growth of| Ed Zitron's Where's Your Ed At
