My latest newsletter is about how generative AI companies are risking the lives of the most vulnerable by releasing tools that affirm dangerous delusions -- and the potential human consequences. And it's about why nobody seems to be freaking out about it. whatwelost.substack.com/p/how-many-p...

Got back to NYC and the Better Offline theme started playing on Apple Music…the Era of The Smiling Man has truly begun

I was pretty late to covering AI but seemed to get it right in February 2023 www.wheresyoured.at/degenerative...

Me in December 2024 referencing my work from earlier in 2024 www.wheresyoured.at/godot-isnt-m...

ByteDance is the only other significant AI customer at Oracle. They’re going to try and feed TikTok’s revenue into Oracle, not realizing the problem is that TikTok is also unprofitable. Have fun with all of that!

I still can’t believe this guy said this. What more proof do people need that this is a bubble? What exactly do you think “overbuild” means other than “the demand isn’t there”? When will everybody stop running the stupid asshole Olympics?

Here’s a bonus episode of Better Offline. I talked to software engineer Colt Voege about how AI isn’t 10xing the productivity of software engineering, the truth about LLM coding, and what we can actually expect AI to do for software. podcasts.apple.com/us/podcast/b... Linktr.ee/betteroffline

the rats nest that is the flow of money in AI compute is so unbelievably complicated and circular that i had to make a diagram

Premium Newsletter: There is no real market for renting out AI GPUs, and the majority of revenue comes from two companies - Microsoft and NVIDIA - the latter of which rents its own GPUs back from Neoclouds like CoreWeave so they can raise debt...to buy more GPUs. www.wheresyoured.at/is-there-any...

My latest newsletter is about how Internet culture died, and why the centralization of the web around a handful of large platforms is responsible for making the web a duller, more boring place. whatwelost.substack.com/p/the-death-...

Hey all, quick question: is it good that mark zuckerberg’s answer to “are we in a bubble” was “yeah, maybe, but don’t worry, it’s just like the dot com boom,” a point easily-disproved? Isn’t he meant to be the guy who has a real answer? Is this good? Hello?! www.wheresyoured.at/how-to-argue...

The iPhone Air is great, may be my favorite iPhone since the X. Genuinely great, light, big screen. Battery life is no worse than the IPhone Pro Max, which sucked and nobody could ever work out why. It also makes me think they’re eventually going to give me what I truly desire: a foldable iPhone.

It is unholy to charge a phone with another phone, barely acceptable to charge an iPad with a phone but I really don’t like it at all. A laptop? That’s okay. I’m cool with that.

Anker released a small, pocketable 10k mah battery that charges at 45w with a retractable cable. I bought three of them. I may buy more. So rare to buy something and be unilaterally happy with it. Charges my switch 2! My phone! My laptop! amzn.to/3IaJoVA

“Why are we old but he is young”

I like the iPhone air a great deal but Liquid Glass may be one of the worst user interface “upgrades” I’ve ever seen

Yeah I'm sorry these costs don't make sense if you include Oracle. They project to be making $114bn in AI compute in FY2029 (that's June 1 2028 through May 31 2029), which would mean that OpenAI spends way, way more than this in 2028/2029 - FY2030 for Oracle is $144bn in AI revenue! C'mon! C'MON!

this piece really drove me insane. NVIDIA seeds companies and gives them the guaranteed contracts necessary to raise debt to buy GPUs from NVIDIA, even though these companies are horribly unprofitable and will eventually die from a lack of any real demand. Magical, beautiful, that's capitalism, baby

Premium Newsletter: There is no real market for renting out AI GPUs, and the majority of revenue comes from two companies - Microsoft and NVIDIA - the latter of which rents its own GPUs back from Neoclouds like CoreWeave so they can raise debt...to buy more GPUs. www.wheresyoured.at/is-there-any...

Hahahahahahah what are you TALKING about? Can you imagine if any of their employees said crap like this? lord! LORD!

The defense of the deals this guy gives include the $300bn oracle deal with OpenAI that neither party can fulfill, which he calls “quite strong”

Ancient Mariner “stoked” about recent Albatross shooting www.reuters.com/business/wor...

Next week I’m joined by the one and only @adambecker.bsky.social in studio for a discussion about why everything fucking ROCKS!!!!!!!!!

Here’s a bonus episode of Better Offline. I talked to software engineer Colt Voege about how AI isn’t 10xing the productivity of software engineering, the truth about LLM coding, and what we can actually expect AI to do for software. podcasts.apple.com/us/podcast/b... Linktr.ee/betteroffline

JESUS: Eli, Eli, lama sabachthani CHATGPT: you’re completely right. And I want to thank you for holding me accountable. It looks like you’ve somehow got nailed to a cross

Here's this week's Better Offline. I'm joined by @edwardongwesojr.com and @amorrow.bsky.social to talk about the AI vibe shift, OpenAI’s burn rate, what will finally burst the bubble, and something called “Critterz.” podcasts.apple.com/us/podcast/r... linktr.ee/betteroffline

Tomorrow I put out a long premium story about Ai compute, and why I believe there’s barely a billion dollars of revenue outside of hyperscalers feeding either themselves or NVIDIA money. Here’s a $10 off discount, get in early. edzitronswheresyouredatghostio.outpost.pub/public/promo...

The chance of a bailout is zero because of the specific way that Oracle and OpenAI did this. It guarantees both of them eat shit. There is genuinely not enough free money to fund OpenAI enough to pay the contract, also oracle can’t build the infrastructure in time.

Someone asked me earlier why I don’t do more than AI, and the answer is that every time I look deeper into AI I see more evidence that this is a massive, unbelievable failure, propped up by webs of debt and ignorance, private capital fully believes there’s massive AI demand that does not exist.

Tomorrow I put out a long premium story about Ai compute, and why I believe there’s barely a billion dollars of revenue outside of hyperscalers feeding either themselves or NVIDIA money. Here’s a $10 off discount, get in early. edzitronswheresyouredatghostio.outpost.pub/public/promo...

has anyone ever picked up an iPhone at the apple store and missed the time slot? What do they do? Do they just cancel it? It turns out I booked the least convenient time possible without realising

Here's this week's Better Offline. I'm joined by @edwardongwesojr.com and @amorrow.bsky.social to talk about the AI vibe shift, OpenAI’s burn rate, what will finally burst the bubble, and something called “Critterz.” podcasts.apple.com/us/podcast/r... linktr.ee/betteroffline

you know the markets are completely divorced from reality now because this is so much worse than people thought at the time!

stop sending me this i don't care

Made friends with a guy at the airport who was obsessed with Anker chargers. Hell yeah dude

Premium Newsletter: Oracle and OpenAI are full of crap. OpenAI, while claiming it'll make more revenue than NVIDIA by 2030 - needs $250bn in funding to pay its $300bn compute contract with Oracle...who cannot physically build the data centers to service it in time. www.wheresyoured.at/oracle-openai/

It's crazy that a massive short seller can say that CoreWeave is overvalued by 90% but still say complete nonsense about AI having massive demand that doesn't exist outside of big tech and NVIDIA. This is easy info to find! stocks.apple.com/AFwxZF9ZSQL2...

No.

oh well!

had two different people read my premium newsletter and submit fraud chargebacks, and I want to be clear that if you do this you're hearing from me directly, I want my $70

Newsletter: I spoke to experts across financial regulation, gambling, and election law about prediction markets like Kalshi and Polymarket. They claim to be trading platforms, they look like gambling sites, and the rules don’t fit. www.citationneeded.news/prediction-m...

Cramming the square peg in the round hole as hard as I can

[one winged angel voice] mellanox

If you're able, please help out Fisher (and our buddy Lindsey) as he recovers from a bad fall! 💞

Replit, a vibe coding startup, pushed a new product called "agent 3" that appears to be completely broken other than in its ability to burn tons of money

This is actually really funny because this creates a massive new expense for Microsoft for a product that nobody likes. Here's someone describing why they wouldn't pay for Microsoft Copilot from a recent The Information article. They haven't got shit. www.theinformation.com/articles/mic...

This should be the opening quote to The Big Short 2

i genuinely love some stuff on the verge then this is what i see and i get mad and have to close my browser