Like this newsletter? Why not listen to the podcast version on Better Offline? Part 1 is out now (here're other links), and Part 2 comes out Friday May 2nd! I'm sick and god-damn tired of this! I have written tens of thousands of words about this and still, to this| Ed Zitron's Where's Your Ed At
Before we go any further: I hate to ask you to do this, but I need your help — I'm up for this year's Webbys for the best business podcast award. I know it's a pain in the ass, but can you sign up and vote for Better Offline? I have| Ed Zitron's Where's Your Ed At
Soundtrack: EL-P (ft. Aesop Rock) - Run The Numbers In my years writing this newsletter I have come across few companies as rotten as CoreWeave — an "AI cloud provider" that sells GPU compute to AI companies looking to run or train their models. CoreWeave had intended to go public last| Ed Zitron's Where's Your Ed At
Soundtrack: Mack Glocky - Chasing Cars Last week, I spent a great deal of time and words framing the generative AI industry as a cynical con where OpenAI's Sam Altman and Anthropic's Dario Amodei have used a compliant media and braindead investors to frame unprofitable, unsustainable, environmentally-damaging and mediocre cloud| Ed Zitron's Where's Your Ed At
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
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
Last week, in the midst of the slow, painful collapse of the generative AI hype cycle, something incredible happened. On Monday, a Federal Judge delivered a crushing ruling in the multi-year-long antitrust case filed against Google by the Department of Justice. In 300-pages of dense legal text, Judge Amit Mehta| 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? 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
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
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
