Ed Zitron focused on the financial fragility and implausible economics surrounding Anthropic’s IPO, arguing that its enormous compute commitments, vendor financing and negative cash flow create substantial counterparty and investor risk 23. He also criticised AI companies’ product claims and industry narratives as detached from ordinary users and reliant on media, market and social-media influence 3. On Better Offline, he attacked AI companies’ obedience to political power and rejected complaints that model distillation is theft 1.
From the window to Oct 8, 05:30 ET — this window's take is still to be written.
On the record
last 90 days · 50 positionsLatest positions
- EZEd ZitronStrongly bearish on Firmus Expects Firmus's IPO to fail or price at a vast discount, with the company's valuation collapsing. “Firmus is a fucking stinker.” ▶ 2:18 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronStrongly bearish on AI data center Expects the AI data center sector to collapse, with a future stock crash that hurts every connected investor. “when all of this shit finally collapses” ▶ 6:43 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronStrongly bearish on Lambda Expects Lambda, another NVIDIA-backed neocloud planning to go public in 2027, to have more problems. “Lambda, another NVIDIA-backed neocloud planning to do so in 2027, is going to have a few more problems” ▶ 6:43 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronVery high risk on Blackstone's credit and insurance fund Sees Blackstone's credit and insurance fund as dangerously exposed, sinking pension and insurance money into dodgy companies. “Blackstone sinking pension funds and insurance funds into these dodgy goddamn companies” ▶ 9:11 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronStrongly bearish on CoreWeave Expects CoreWeave to fare as badly as Firmus, calling it a dogshit merchant with identical problems. “Firmus is as bad as Corweave was, and is as bad as Lambda.” ▶ 7:54 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronBearish on Nebius Groups Nebius among the fragile AI data center companies whose problems will eventually collapse. “had anyone bothered to take Corweave, or Iron, or Nebius, or Lambda, or any of the American ones seriously” ▶ 7:54 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronBearish on data centers Expects the promised data center capacity, including Firmus's, not to be built. “It's unclear what happened to the data centers, other than the fact they haven't been built” ▶ 0:36 Monologue: Australia's Dodgiest AI IPO Is A Pale… · 9 Oct
- EZEd ZitronStrongly bearish on NVIDIA Corporation Expects NVIDIA's revenue to have to drop at some point given debt-funded GPU purchases and rising borrowing costs. “At some point, NVIDIA's revenue has to drop.” ▶ 6:33 "Cycular" Financing w/ GamersNexus · 7 Oct
- EZEd ZitronStrongly bearish on AI Expects the AI bubble to burst. “let's say AI bubble bursts. I'm sure that's going to happen.” ▶ 31:22 "Cycular" Financing w/ GamersNexus · 7 Oct
- EZEd ZitronStrongly bearish on Xbox Expects an Xbox collapse is inevitable, with more layoffs coming around the AI bubble bursting. “this xbox collapse which is inevitable at this point they're going to have to start laying even more people off” ▶ 45:16 "Cycular" Financing w/ GamersNexus · 7 Oct
- EZEd ZitronStrongly bearish on gaming Expects gaming to hit its own financial bubble as development and console costs spiral and players can't afford it. “Gaming at this point is reaching its own kind of bubble status where games either cost $100 or $1 billion to develop.” ▶ 34:32 "Cycular" Financing w/ GamersNexus · 7 Oct
- EZEd ZitronStrongly bearish on Broadcom Inc. Expects Broadcom's attempt to race NVIDIA to be the biggest chip company will fail. ▶ 27:13 "Cycular" Financing w/ GamersNexus · 7 Oct
Their output
2 this weekStories it travels in
i
The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Robin Wigglesworth 1 mention
What they talk about
- CoreWeave 2 items
- Black Information Network 2 items
- US 2 items
- Roland Martin 2 items
- Apple Inc. 2 items
- Jane Street 1 item
- Space Exploration Technologies Corp. 1 item
- YouTube, LLC 1 item
See what your own voices say about Ed Zitron, every morning.
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