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  • Premium: What If...We're In An AI Bubble? (Part 3)
    May 29, 2026Ed Zitron

    Last week I ran the second part of my three-part “What If…We’re In An AI Bubble?” series where I have been covering the scenarios that I believe could lead to the bubble popping. Here’s what I’ve discussed so far: What

  • Revenge of The Business Idiot
    May 26, 2026Ed Zitron

    If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and

  • Premium: What If...We're In An AI Bubble? (Part 2)
    May 22, 2026Ed Zitron

    Last week I ran the first part of my What If…We’re In An AI Bubble? Series, where I asked questions and posed scenarios as to the consequences of the many, many questions I’ve asked over the last few years. It quickly became one of

  • News: OpenAI Had A Negative 122% Non-GAAP Operating Margin In Q1 2026, and ChatGPT Growth Has Stalled
    May 22, 2026Ed Zitron

    Executive Summary: The Information reports that OpenAI generated $5.7bn in revenue for the first quarter of 2026 based on discussions with sources familiar with its financials. With adjusted negative margins of -122%, this means that for every dollar of revenue OpenAI made, it lost an additional $1.22, or

  • Anthropic's "Profitability" Swindle
    May 21, 2026Ed Zitron

    Yesterday, the Wall Street Journal ran a story about how Anthropic is “about to have its first profitable quarter,” specifically an operating profit, or EBITDA profitability: Anthropic’s revenue is set to more than double to $10.9 billion in the second quarter, an explosive rate of

  • AI Is Too Expensive
    May 19, 2026Ed Zitron

    If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and

  • Premium: What If...We're In An AI Bubble? (Part 1)
    May 15, 2026Ed Zitron

    Every day I read some sort of wrongheaded extrapolation about the future of AI — that today’s models are somehow indicative of AGI creating a “permanent underclass” of people that stops people from building software companies, or really doing any kind of job on the computer:

  • Where Are All The Data Centers?
    May 12, 2026Ed Zitron

    If you liked this piece, please subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI&

  • Premium: AI's Circular Psychosis
    May 08, 2026Ed Zitron

    In this week’s free newsletter, I explained how bad the circular AI economy is in the simplest-possible terms:  Anthropic not have money to pay big cloud bills, because Anthropic company cost lots of money, more money than Anthropic make! So Anthropic only PAY cloud bills if OTHERS

  • Am I Meant To Be Impressed?
    May 06, 2026Ed Zitron

    If you liked this piece, please subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI&

  • Premium: The AI Compute Demand Story Is A Lie
    May 04, 2026Ed Zitron

    Everyone, it’s time to talk about AI demand and the capacity constraint issues across the industry. These constraints are not a result of “incredible demand” for AI, but the desperation of hyperscalers and the avariciousness of two near-trillion-dollar failsons living off their parents’ welfare. Just

  • OpenAI Projects ChatGPT Plus subscriptions to drop by 80% from 44 Million in 2025 to 9 Million In 2026, Made Up Using Cheaper Subscriptions (Somehow)
    Apr 28, 2026Ed Zitron

    Executive Summary: The Information reports that OpenAI projects that its $20-a-month ChatGPT Plus subscriptions will decrease from 44 Million subscribers in 2025 to a projected 9 million subscribers in 2026. OpenAI projects to make up the difference by increasing its ad-supported ChatGPT Go ($5 or $8-a-month depending on the region)

  • AI's Economics Don't Make Sense
    Apr 28, 2026Ed Zitron

    If you liked this piece, please subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI&

  • AI's Economics Don't Make Sense [Ad Free]
    Apr 28, 2026Ed Zitron

    Hello premium subs! This is your ad-free free newsletter for the week. Questions? Queries? Email me at ez@betteroffline.com, and if you have a scoop, ezitron.76 is my Signal. Yesterday morning, GitHub Copilot users got confirmation of something I’d reported a week ago — that all

  • Premium: How OpenAI Kills Oracle
    Apr 24, 2026Ed Zitron

    Soundtrack — Brass Against — Karma Police  It was January 21, 2025. Per The Information, Larry Ellison, CEO of Oracle, had just flown to Washington DC from Florida, and had to borrow a coat “...so he wouldn’t freeze during an interview he did on the White