The Enshittifinancial Crisis
Briefly

The Enshittifinancial Crisis
"There is an echoing melancholy to this era, as we watch the end of Silicon Valley's hypergrowth era, the horrifying result of 15+ years of steering the tech industry away from solving actual problems in pursuit of eternal growth. Everything is more expensive, and every tech product has gotten worse, all so that every company can "do AI,""
"It's $70 a year, or $7 a month, and in return you get a weekly newsletter that's usually anywhere from 5000 to 15,000 words, including vast, extremely detailed analyses of If you have any issues signing up for premium, please email me at ez@betteroffline.com. , Anthropic and OpenAI's finances, and the AI bubble writ large. I am regularly several steps ahead in my coverage, and you get an absolute ton of value."
A premium newsletter is offered for $70 per year or $7 per month, delivering weekly issues of roughly 5,000–15,000 words with detailed analyses of AI companies and industry finances. Operational expenses ('opex') are consuming revenues, causing companies to repeatedly raise equity to cover costs rather than build sustainable products. Fifteen-plus years of prioritizing eternal growth steered the tech industry away from solving concrete problems toward hype-driven expansion. This shift produced more expensive, lower-quality tech products and a vast misallocation of capital toward speculative AI investments. Public needs like housing, healthcare, and education receive fewer resources while capital flows to private equity and speculative investors.
Read at Ed Zitron's Where's Your Ed At
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