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The Shareholder Supremacy
Manage episode 428112656 series 3555130
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In this episode, Ed Zitron tracks the history of the growth-at-all-costs rot economy to a court case in 1916 that established the Shareholder Supremacy, and set the terms for General Electric's Jack Welch to fundamentally break capitalism, an era where companies moved away from building lasting, sustainable companies that created things and instead began focusing on pleasing shareholders - and how it leads to today's terrible tech companies and leaders.
LINKS: https://tinyurl.com/betterofflinelinks
Newsletter: wheresyoured.at
Reddit: http://www.reddit.com/r/betteroffline
Discord chat.wheresyoured.at
Ed's Socials - http://www.twitter.com/edzitron instagram.com/edzitron https://bsky.app/profile/zitron.bsky.social https://www.threads.net/@edzitron
See omnystudio.com/listener for privacy information.
94 episodes
Share
Manage episode 428112656 series 3555130
Content provided by iHeartPodcasts and Cool Zone Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts and Cool Zone Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, Ed Zitron tracks the history of the growth-at-all-costs rot economy to a court case in 1916 that established the Shareholder Supremacy, and set the terms for General Electric's Jack Welch to fundamentally break capitalism, an era where companies moved away from building lasting, sustainable companies that created things and instead began focusing on pleasing shareholders - and how it leads to today's terrible tech companies and leaders.
LINKS: https://tinyurl.com/betterofflinelinks
Newsletter: wheresyoured.at
Reddit: http://www.reddit.com/r/betteroffline
Discord chat.wheresyoured.at
Ed's Socials - http://www.twitter.com/edzitron instagram.com/edzitron https://bsky.app/profile/zitron.bsky.social https://www.threads.net/@edzitron
See omnystudio.com/listener for privacy information.
94 episodes
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Better Offline
In this week's monologue, Ed Zitron goes through the underwhelming release of OpenAI's GPT-4.5 - and how OpenAI's rumored new pricing structure suggests this company is in trouble. Here's the article cited from The Information: https://www.theinformation.com/articles/openai-plots-charging-20-000-a-month-for-phd-level-agents?rc=kz8jh3 --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In this episode, Ed Zitron is joined by Gita Jackson and Nathan Grayson of worker-owned games site Aftermath to talk about how the growth-at-all-costs mindset is destroying games, how fandom culture naturally feeds extremism, how Aftermath does games journalism differently, and how despite everything, great games are still being made. Gita Jackson: https://bsky.app/profile/xoxogossipgita.bsky.social https://aftermath.site/author/gita-jackson Nathan Grayson: https://aftermath.site/author/nathan-grayson https://bsky.app/profile/nathangrayson.bsky.social Stream Big: The Triumphs and Turmoils of Twitch and the Stars Behind the Screen https://www.amazon.com/Stream-Big-Triumphs-Turmoils-Twitch/dp/1982156767 Article on Skin Deep from Aftermath: https://aftermath.site/skin-deep-steam-next-fest-demo-impressions-pc The New York Times: Video Games Can’t Afford to Look This Good https://www.nytimes.com/2024/12/26/arts/video-games-graphics-budgets.html Aftermath - Fuck WB https://aftermath.site/warner-bros-discovery-games-wonder-woman-monolith-shut-down Pyre - https://www.supergiantgames.com/games/pyre/ Supergiant Games - https://www.supergiantgames.com Avowed - https://store.steampowered.com/app/2457220/Avowed/ --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In the second of this week's two-part episode, Ed Zitron walks you through the dark truth of the generative AI industry - that consumer adoption of Claude, Gemini, Copilot and Perplexity is incredibly small, and it’s time to accept that there is nothing coming to justify the ruinous costs of Large Language Models. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In this week's monologue, Ed Zitron walks you through what's making everybody worried about the bubble bursting - and what other signs might tell you that the party's over for AI. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In this episode (the first of a two-parter), Ed Zitron walks you through how OpenAI isn’t a real company, but a venture-backed welfare recipient that spent $9 billion to lose $5 billion in 2024 with little product-market fit and a stagnant API business that suggests that there’s little adoption of generative AI. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
In this episode, Ed Zitron walks you through the how the tech media misses the stories that hurt billions of people every day - and how deep down, most people really do like technology and miss when it wasn’t so actively harmful. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In this week's monologue, Ed Zitron walks you through the early days of OpenAI - and the simmering war between Elon Musk and Sam Altman over its non-profit status. Suit: https://www.courtlistener.com/docket/69013420/musk-v-altman/ --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
1 How The Tech Media Can Beat The Rot Economy 27:56
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Play Later Play Later Lists Like LikedIn this episode, Ed Zitron walks you through how the growth-at-all-costs Rot Economy has used software to poison so many parts of our lives - and how the tech media can rise to the challenge and fight for a better Silicon Valley by aligning with consumers against big tech. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
1 Monologue: The Super Bowl Showed That Generative AI Is Washed 9:05
9:05 Play Later Play Later Lists Like Liked9:05
Play Later Play Later Lists Like LikedIn this week's monologue, Ed Zitron walks you through how the AI industry’s limp Super Bowl commercials show how little this industry has to offer - and how much contempt they have for consumers. OpenAI: The Intelligence Age: https://www.youtube.com/watch?v=kIhb5pEo_j0 Google: Dream Job: https://www.youtube.com/watch?v=-7e6g11BJc0 Salesforce: Gate Expectations: https://www.youtube.com/watch?v=EZqmBcqDkyw --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
1 How Sports Gambling Apps Are Rotting Society 1:24:38
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Play Later Play Later Lists Like LikedIn a live-to-tape recording in Ed Zitron's living room, Wide Left writer Arif Hasan and Western Kabuki Host Caleb Wilson explain in detail the cultural power of sports, and how software has been used to poison every corner of sports with predatory gambling schemes. The Athletic story on sports gambling: https://www.nytimes.com/athletic/5777632/2024/10/14/sports-betting-addiction-problem-fans/ Wide Left article about sports gambling: https://www.wideleft.football/p/has-legalized-gambling-poisoned-the Arif Hasan: https://bsky.app/profile/arif.bsky.social https://x.com/ArifHasanNFL Wide Left: https://www.wideleft.football Caleb Wilson: https://bsky.app/profile/birdrespecter.bsky.social Western Kabuki: https://podcasts.apple.com/us/podcast/western-kabuki/id1647062210 The 60 Minute Drill Podcast (Ed, Arif and Caleb’s NFL podcast): https://podcasts.apple.com/us/podcast/60-minute-drill/id1768225605 --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
In the first of a new series of weekly monologues, Ed Zitron breaks down what exactly happened with DeepSeek, and how it threatens to pop the AI bubble. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
1 How DeepSeek Showed That Silicon Valley Is Washed 42:03
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Play Later Play Later Lists Like LikedIn this episode, Ed Zitron explains how the emergence of a much-more-efficient generative AI model has become an existential threat to the future of OpenAI and Anthropic - and tells a dark story about the death of innovation in Silicon Valley. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
In this episode, Ed Zitron explains how DeepSeek, a relatively-unknown Chinese model AI developer incubated in a hedge fund, has punctured the generative AI bubble, throwing the US startup scene (and markets) into disarray. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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Better Offline
1 Radio Better Offline: Jeremy Kaplowitz of the Quorators 45:57
45:57 Play Later Play Later Lists Like Liked45:57
Play Later Play Later Lists Like LikedWelcome to Radio Better Offline, a tech talk radio show recorded out of iHeartRadio's studio in New York City. Ed Zitron is joined by Jeremy Kaplowitz of the podcast Quorators to talk about Quora, which he describes as “Reddit with a gas leak.” www.youtube.com/@Quorators www.patreon.com/Quorators --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
In this episode, Ed Zitron walks you through how lax regulation and all-too-chummy media coverage has empowered Mark Zuckerberg and other tech companies to intentionally make every digital experience worse for profit. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron See omnystudio.com/listener for privacy information.…
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