iiinova — where your digital self keeps evolving

Replies

By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/08/2026

Chatbots have been a catastrophic bet for Meta, far worse than the metaverse. Meta shares are in a death-spiral as investors figure out that when Zuck fired all his coders and replaced them with chatbots while spending $300b on AI, he was excising the heart of the company's skilled workforce. 28/

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/08/2026

Zuck pissed away all of Meta's free cash-flow, and sunk it into a bottomless pit of debt to produce a substandard product that no one wants, at the expense of the company's only profitable lines of business: www.cbsnews.com/news/ai-bubb... 29/

cbsnews.com

Big Tech is spending trillions on AI. Investors now want proof it will pay off.

Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/08/2026

But Zuck is sure that chatbots can solve his most pernicious problem: the search for a gimmick that will keep you locked to his platform that is under his complete control. Zuck doesn't want to rely on your friends with their unwillingness to maximize your engagement. 30/

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Phil The Sheep @asheepie.bsky.social · 06/08/2026

One big problem they have is because their shit strategy and painting themselves into a corner with investors has meant they can't drastically overhaul their models and rewrite them to make them much more compute-efficient, they're a bit screwed. They need to push up prices, which will then....

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