In part two of this week’s four-part case against generative AI, Ed Zitron walks you through how NVIDIA funds and pumps money into unprofitable, debt-ridden “neoclouds” all to create vehicles to buy more GPUs - all to cover up the lack of demand for generative AI compute.

Latest Premium Newsletter: OpenAI Needs A Trillion Dollars In The Next Four Years: https://www.wheresyoured.at/openai-onetrillion/

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In part two of this week&rsquo;s four-part case against generative AI, Ed Zitron walks you through how NVIDIA funds and pumps money into unprofitable, debt-ridden &ldquo;neoclouds&rdquo; all to create vehicles to buy more GPUs - all to cover up the lack of demand for generative AI compute.
Latest Premium Newsletter: OpenAI Needs A Trillion Dollars In The Next Four Years: <a href="https://www.wheresyoured.at/openai-onetrillion/">https://www.wheresyoured.at/openai-onetrillion/</a>
YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to <a href="https://cottonbureau.com/people/better-offline">https://cottonbureau.com/people/better-offline</a> and use code&nbsp;FREE99 for free shipping on orders of $99 or more.
---
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Better Offline is a weekly show exploring the tech industry’s influence and manipulation of society - and interrogating the growth-at-all-costs future that tech’s elite wants to build. 

Combining narrative-form storytelling, one-on-one interviews and panel-based discussions, Better Offline cuts through the buzzwords and obfuscation of the tech industry, investigating and evaluating the schemes and scams of everyone from cryptocurrency scumbags to the greediest of the venture capital elite. Tech industry veteran Ed Zitron and a dynamic coterie of guests will help listeners understand the who, how and why of how tech’s most powerful players are changing the world - for better or for worse.

Better Offline is a weekly show exploring the tech industry’s influence and manipulation of society - and interrogating the growth-at-all-costs future that tech’s elite wants to build. 
Combining narrative-form storytelling, one-on-one interviews and panel-based discussions, Better Offline cuts through the buzzwords and obfuscation of the tech industry, investigating and evaluating the schemes and scams of everyone from cryptocurrency scumbags to the greediest of the venture capital elite. Tech industry veteran Ed Zitron and a dynamic coterie of guests will help listeners understand the who, how and why of how tech’s most powerful players are changing the world - for better or for worse.

Better Offline

Better Offline is a weekly show exploring the tech industry’s influence and manipulation of society - and interrogating the growth-at-all-costs future that tech’s elite wants to build.



Combining narrative-form storytelling, one-on-one interviews and panel-based discussions, Better Offline cuts through the buzzwords and obfuscation of the tech industry, investigating and evaluating the schemes and scams of everyone from cryptocurrency scumbags to the greediest of the venture capital elite. Tech industry veteran Ed Zitron and a dynamic coterie of guests will help listeners understand the who, how and why of how tech’s most powerful players are changing the world - for better or for worse.

Better Offline is a weekly show exploring the tech industry’s influence and manipulation of society - and interrogating the growth-at-all-costs future that tech’s elite wants to build.
 
Combining narrative-form storytelling, one-on-one interviews and panel-based discussions, Better Offline cuts through the buzzwords and obfuscation of the tech industry, investigating and evaluating the schemes and scams of everyone from cryptocurrency scumbags to the greediest of the venture capital elite. Tech industry veteran Ed Zitron and a dynamic coterie of guests will help listeners understand the who, how and why of how tech’s most powerful players are changing the world - for better or for worse.

The Case Against Generative AI (Part 2)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7da6dcf1-f293-4a27-aeea-b368010b5e0e/transcript

In a Better Offline exclusive, Ed Zitron reveals how much OpenAI spent on inference in 2024 and 2025, as well as how much it paid Microsoft as part of its 20% revenue share. Inference costs are much higher - and implied revenues much lower - than previously reported.

(Free) Newsletter: https://www.wheresyoured.at/oai_docs/

The Information - OpenAI’s First Half Results: $4.3 Billion in Sales, $2.5 Billion Cash Burn - https://www.theinformation.com/articles/openais-first-half-results-4-3-billion-sales-2-5-billion-cash-burn?rc=kz8jh3 

The Information (reference to $6bn inference spend) - http://theinformation.com/articles/openai-forecasts-revenue-topping-125-billion-2029-agents-new-products-gain?rc=kz8jh3

Want to support me? Get $10 off a year’s subscription to my premium newsletter: https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg it would mean a lot!

YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to https://cottonbureau.com/people/better-offline and use code FREE99 for free shipping on orders of $99 or more.

---

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Email Me: ez@betteroffline.com

In a Better Offline exclusive, Ed Zitron reveals how much OpenAI spent on inference in 2024 and 2025, as well as how much it paid Microsoft as part of its 20% revenue share. Inference costs are much higher - and implied revenues much lower - than previously reported. (Free) Newsletter: <a href="https://www.wheresyoured.at/oai_docs/">https://www.wheresyoured.at/oai_docs/</a>
The Information - OpenAI&rsquo;s First Half Results: $4.3 Billion in Sales, $2.5 Billion Cash Burn -&nbsp;<a href="https://www.theinformation.com/articles/openais-first-half-results-4-3-billion-sales-2-5-billion-cash-burn?rc=kz8jh3">https://www.theinformation.com/articles/openais-first-half-results-4-3-billion-sales-2-5-billion-cash-burn?rc=kz8jh3</a>&nbsp; The Information (reference to $6bn inference spend) - <a href="http://theinformation.com/articles/openai-forecasts-revenue-topping-125-billion-2029-agents-new-products-gain?rc=kz8jh3">http://theinformation.com/articles/openai-forecasts-revenue-topping-125-billion-2029-agents-new-products-gain?rc=kz8jh3</a>
Want to support me? Get $10 off a year&rsquo;s subscription to my premium newsletter: <a href="https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg">https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg</a> it would mean a lot!
YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to <a href="https://cottonbureau.com/people/better-offline">https://cottonbureau.com/people/better-offline</a> and use code&nbsp;FREE99 for free shipping on orders of $99 or more.
---
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Exclusive: Here's How Much OpenAI Spends On Inference And Its MSFT Revenue Share

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/60d60576-942d-42e9-8b88-b392016ff5b4/transcript

This week’s Better Offline is a recording of a panel held by Clarion West in Seattle earlier this year with Cory Doctorow and Ed Zitron, discussing enshittification, The Rot Economy, and the destruction of modern tech platforms, moderated by Whitney Beltrán.

Cory Doctorow: https://craphound.com/
Whitney Beltrán: https://brightwhitney.com/

Get involved with Clarion West: https://www.clarionwest.org/get-involved/give/

Clarion West is a nonprofit literary organization that runs an acclaimed six-week residential workshop every summer, online classes and workshops, one-day and weekend workshops, a reading series every summer, and other events throughout the year. At Clarion West, you’ll be among award-winning and best-selling writers in science fiction, fantasy, games, horror, and more. Our workshops and classes are taught by world-class instructors from across the field of speculative fiction. Wherever you may be in your career, whether novice or sage, we offer a diverse listing of classes that is packed with valuable information to take your writing to the next level.

Want to support me? Get $10 off a year’s subscription to my premium newsletter: https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg it would mean a lot!

YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to https://cottonbureau.com/people/better-offline and use code FREE99 for free shipping on orders of $99 or more.

---

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Ed's Socials:

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https://www.instagram.com/edzitron

https://bsky.app/profile/edzitron.com

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Email Me: ez@betteroffline.com

This week&rsquo;s Better Offline is a recording of a panel held by Clarion West in Seattle earlier this year with Cory Doctorow and Ed Zitron, discussing enshittification, The Rot Economy, and the destruction of modern tech platforms, moderated by Whitney Beltr&aacute;n. Cory Doctorow: <a href="https://craphound.com/">https://craphound.com/</a> Whitney Beltr&aacute;n: <a href="https://brightwhitney.com/">https://brightwhitney.com/</a>
Get involved with Clarion West: <a href="https://www.clarionwest.org/get-involved/give/">https://www.clarionwest.org/get-involved/give/</a> Clarion West is a nonprofit literary organization that runs an acclaimed six-week residential workshop every summer, online classes and workshops, one-day and weekend workshops, a reading series every summer, and other events throughout the year.&nbsp;At Clarion West, you&rsquo;ll be among award-winning and best-selling writers in science fiction, fantasy, games, horror, and more. Our workshops and classes are taught by world-class instructors from across the field of speculative fiction. Wherever you may be in your career, whether novice or sage, we offer a diverse listing of classes that is packed with valuable information to take your writing to the next level.
Want to support me? Get $10 off a year&rsquo;s subscription to my premium newsletter: <a href="https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg">https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg</a> it would mean a lot!
YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to <a href="https://cottonbureau.com/people/better-offline">https://cottonbureau.com/people/better-offline</a> and use code&nbsp;FREE99 for free shipping on orders of $99 or more.
---
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Email Me: <a href="mailto:ez@betteroffline.com">ez@betteroffline.com</a>

Cory Doctorow and Ed Zitron on Enshittification and the Rot Economy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/97620ed7-04c8-4b88-9df6-b392014c2dd1/transcript

In this week's Better Offline monologue, Ed Zitron talks about OpenAI hinting they’d want a federal backstop for data center loans, NVIDIA’s weird, desperate post about China, and his deep suspicion about OpenAI’s leaked numbers.

Want to support me? Get $10 off a year’s subscription to my premium newsletter: https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg It would mean a lot!

WSJ: OpenAI Made a $12 Billion Loss Last Quarter, Microsoft Results Indicate
https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X

The Register: Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
https://www.theregister.com/2025/10/29/microsoft_earnings_q1_26_openai_loss/

YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to https://cottonbureau.com/people/better-offline and use code FREE99 for free shipping on orders of $99 or more.

---

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Email Me: ez@betteroffline.com

In this week's Better Offline monologue, Ed Zitron talks about OpenAI hinting they&rsquo;d want a federal backstop for data center loans, NVIDIA&rsquo;s weird, desperate post about China, and his deep suspicion about OpenAI&rsquo;s leaked numbers. Want to support me? Get $10 off a year&rsquo;s subscription to my premium newsletter: <a href="https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg">https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/w08jbm4jwg</a> It would mean a lot! WSJ: OpenAI Made a $12 Billion Loss Last Quarter, Microsoft Results Indicate <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X">https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X</a> The Register: Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter <a href="https://www.theregister.com/2025/10/29/microsoft_earnings_q1_26_openai_loss/">https://www.theregister.com/2025/10/29/microsoft_earnings_q1_26_openai_loss/</a>
YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to <a href="https://cottonbureau.com/people/better-offline">https://cottonbureau.com/people/better-offline</a> and use code&nbsp;FREE99 for free shipping on orders of $99 or more.
---
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Monologue: AI's Desperation Era

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc8aee52-85ff-429e-96ed-b38d011a4e1e/transcript

The Case Against Generative AI (Part 2)

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