iiinova — where your digital self keeps evolving

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Ed Zitron @edzitron.com · 29/09/2026

Reuters got some of the IPO docs. Anthropic is a total dog of a company. Spent $12.6bn to make $4.6bn in revenue in 2025, $7.33bn of which was compute costs. Operating loss of $8bn. Losses getting worse year over year. Amazing stuff www.reuters.com/business/fin...

Summary
Companies
• Anthropic IPO could value the company at more than $2
trillion
• Anthropic lost $42 billion in 2025
• Al lab spent $7.33 billion on compute and infrastructure last year
• Operating loss widened to $8.06 billion in 2025 from $2.98 billion in 2024
• Execs, industry analysts have expressed concerns over harms of Al tech
Sept 28 (Reuters) - Anthropic is making a massive bet that Al will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.
But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming year, according to the
prospectus.

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Ed Zitron @edzitron.com · 28/09/2026

I’m increasingly of the belief that we’ve never truly left the Great Financial Crisis. Everything we’re dealing with today started there, and every excess and problem stems from the US government’s failure to contain or eradicate its causes.

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Michael Utz @theutz.com · 22/09/2026

LLM's don't hallucinate, they generate errors. But they are unusually good at making humans hallucinate. We imagine the LLM like the Velveteen Rabbit that just needs a little love to come alive. A nice story. Not a good basis for policy. pluralistic.net/2026/09/21/s... @doctorow.pluralistic.net

pluralistic.net

Pluralistic: The Claude Delusion (21 Sep 2026) – Pluralistic: Daily links from Cory Doctorow

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Sean Carroll @seanmcarroll.bsky.social · 21/09/2026

Science will always be a target for movements that rely on constructing their own version of reality.

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Sasha Costanza-Chock @schock.cc · 20/09/2026

Help i made malware and I used it to hack several enormous companies I guess there's nothing anyone can do until we pass new laws In the meantime I'll let you watch over my shoulder while i do it again and again Also give me more money or I'll hack you all

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Mark Tomlinson @marktomlinson.dev · 18/09/2026

Fewer startups, more co-ops. Fewer founders, more communities.

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Michael Utz @theutz.com · 16/09/2026

You found the sweet spot in this interview in terms of highlighting and shaming the silliness of the AI CEOs.

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Ed Zitron @edzitron.com · 16/09/2026

Joined Ed Elson on Prof G Markets to give my take on the AI safety debate, explain why it’s attracted so much attention, and point out how catastrophically the media has missed on this story. youtu.be/dKhzcKRQRiQ?...

youtu.be

AI Insiders Keep Saying We’re In Danger — Where’s The Evidence?

YouTube video by Prof G Markets

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Michael Utz @theutz.com · 15/09/2026

I’m tired after years of FOMOngering from Silicon Valley over NFTs, Crypto, Metaverse, etc, and now AI. I‘m happy to make tech that helps humans feel joy in the real world: delightful experiences, time savers, or relationship builders.

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David Mimno @dmimno.bsky.social · 13/09/2026

The silence from industry in the face of concerted attacks on US competitiveness has been disgraceful. Will this finally wake them up? Or will they just offshore all skilled work? And yes, this is a constitutional crisis if the executive can apply a “ridiculous fee” veto to any legislation.

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dan sinker @dansinker.com · 13/09/2026

The people that brought you The Problem proudly present... The Solution.

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JIMBOKNOWS @jimboknows.bsky.social · 10/09/2026

One thing I love about @doctorow.pluralistic.net is that if you read him or listen to his interviews enough, he will (naturally) recycle certain talking points, but it never feels repetitive because he often finds a different, creative way to say it. This video was, unsurprisingly, delightful.

youtube.com

This is how the AI bubble pops | Cory Doctorow

YouTube video by The Tech Report

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Michael Utz @theutz.com · 07/09/2026

Another banger from @doctorow.pluralistic.net . Each part is a page turner.

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Ian Boudreau @ianboudreau.com · 04/09/2026

These guys are weird, annoying, and ruining the world. Also they're spending millions on your opponents. They're villains you should be talking about every day

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Ian Boudreau @ianboudreau.com · 04/09/2026

Seems to me a decent component of a national campaign right now would be rescuing tech from the deranged cult of apocalyptic freaks who have conned their way to the top of it

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Schooley @schooley.bsky.social · 03/09/2026

All I ask is one mainstream story about Elon Musk funding Republicans foreground his actual, well documented beliefs.

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Andrew Lilley Brinker @alilleybrinker.com · 31/08/2026

Hey @1password.bsky.social, longtime customer here: stop giving your money to fascists.

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David Aronchick @ironyuppie.com · 31/08/2026

Helll. Yes.

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Artisan Brain🧠 @artisanbrain.bsky.social · 24/08/2026

DAILY REMINDER: Never stop talking about Epstein ISR old white billionaire maniacs.

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Esther Schindler @estherschindler.bsky.social · 24/08/2026

Two conspiracy theorists walk into a bar. You can't tell me that was just a coincidence, man.

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Katie Mack @astrokatie.com · 24/08/2026

If you’re not potty trained by now you don’t get to be in the pool with the rest of us and we’re not gonna have a civilized debate about it while the water fills up with your filth.

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Katie Mack @astrokatie.com · 24/08/2026

Sometimes society at large rejects certain ideas because they’ve been thoroughly shown to be wrong and also because they suck and the people who espouse them suck and when someone comes around arguing those ideas should be part of some edgy modern debate we can and should shun them and move on.

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e.w. niedermeyer @niedermeyer.online · 21/08/2026

there's a whole lot going on in "AI discourse" but a lot of it arises from people who work in tech still not getting it that the baseline perception of their work has been shifting hard for at least a decade, from "one of the more positive aspects of society" toward a much more ambivalent view

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Lauren Thoman @laurenthomanwrites.com · 15/08/2026

I’m so tired of genAI apologists telling me I only hate it because I don’t understand it. I hate it *because* I understand it, you absolute toenail.

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The Verge @theverge.com · 10/08/2026

"In the place of problem-solving technology, companies have jumped on successive bandwagons like NFTs, the metaverse, and large language models. What these all have in common is that they are not built to really solve a market problem. They are built to make VCs and companies rich."

theverge.com

Silicon Valley has forgotten what normal people want

Did the tech industry get high on its own supply?

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Michael Utz @theutz.com · 06/08/2026

Well, that explains it! I’ve never used Modus, but it’s so readable!

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Michael Utz @theutz.com · 06/08/2026

Cory's got the goods, and he's got Zuck's number. It's almost strange hearing people like Cory talk & write so eloquently while still being so grounded in real human needs and desires.

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Michael Utz @theutz.com · 06/08/2026

I hate to be that guy, but what is that theme? I like it!

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Michael Utz @theutz.com · 06/08/2026

DUOLINGO: You have triple XP for the next 10 minutes! Also @duolingoverde.bsky.social : 2 minutes of which will be spent “opening chests”.

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ceej @ceej.online · 31/07/2026

ANTHROPIC: Our son loves humanity and for the low price of trillions and trillions of dollars will usher in an era of unprecedented peace and prosperity! OPENAI: Our horrible oafish son is hacking web sites without our permission. ANTHROPIC: (eyes narrowing) Our son is also evil

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Michael Utz @theutz.com · 04/08/2026

If we can survive the social/political effects…

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Michael Utz @theutz.com · 29/07/2026

I recently visited Dublin for the first time, and one of the most magical things about it was seeing streets the way they looked in Once. I talked to a cab driver who said he'd had Glen in his car a few times, and that he was an absolutely wonderful guy. The world lost a good one today. 💔

stereogum.com

Glen Hansard Dead At 56

Glen Hansard, the Oscar-winning Irish singer-songwriter and actor who rose to fame fronting the Frames and starring in The Commitments, then gained greater notoriety through the movie Once and the rel...

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the Mountain Goats @themountaingoats.bsky.social · 29/07/2026

Oh, my God. Nicest guy. Was on the Pogues bill at Carnegie with him. His love of music was palpable, infectious, radiant. I’ve seldom seen a musician as connected to the moment of the song as he was that night, in deep communion with the song & the people playing it. So many felt it. Hard loss.

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Ed Zitron @edzitron.com · 28/07/2026

Fitch is now warning that an AI Market Correction is emerging as a major credit risk, with “the the medium- and long-term potential of [AI] being highly uncertain” www.fitchratings.com/research/ban...

FITCH WIRE
Al Market Correction
Emerging as Major
Credit Risk

The scale of the Al investment boom and the accelerated global technology cycle has been a significant driver of US equity market valuations and corporate bond issuance over the past year. The effects on real economic indicators are profound. The 18% yoy rise in IT capital investment directly added 1.4pp to 1Q26 GDP growth. The wealth effect from Al-related investor optimism and equity market gains has also been a meaningful support for US consumer spending growth, which has been broadly slowing.
That said, the medium- and long-term potential of the underlying technology is highly uncertain, as with previous tech cycles. The combination of revenue uncertainty and the extent to which capital markets and economies have become intertwined with Al have
created a vulnerability for credit in the event of a reevaluation of long-run returns potential. Very short-term spikes in market volatility for individual equities and tech-heavy stock indices have already occurred, but a larger, more protracted correction could have wider market, macro and credit effects depending on its scale, duration and contagion.

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David Aronchick @ironyuppie.com · 27/07/2026

Everybody's talking about open weights/models, I have thoughts 😊 Some of us have scars on top of scars in defining "open". It's a complicated, but know what you get with open weights/models. Because NONE of it is "open source." More here! www.distributedthoughts.org/2026-07-27-f...

distributedthoughts.org

Free Binaries, Again

The words open source were coined in a room in Palo Alto in February 1998, specifically to stop people arguing about price. Twenty-eight years later we are calling model weights open, and the entire a...

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JonZoidberg @jonzoidberg.xyz · 26/07/2026

Mike Luckovich has done it again.

A political cartoon of Moses with the ten commandments. He says of course, none of these apply to the president

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Michael Utz @theutz.com · 27/07/2026

An enshittification index? Sign me up!

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zeldman @zeldman.bsky.social · 27/07/2026

Corporate autopsies on the brands you trust. Who bought them, who gutted them, and what's still worth buying. h/t @erikahall.bsky.social www.worseonpurpose.com

worseonpurpose.com

Worse on Purpose

The brands you trusted quietly gutted quality to protect margins. Investigative essays on corporate enshittification. Free newsletter.

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D. Earl Stephens @dearlstephens.bsky.social · 23/07/2026

📌It's amazing how little attention is being paid to how expensive everything is right now. That's all we heard about from 2020-2024.

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Michael Utz @theutz.com · 19/07/2026

Oh, good! Now I’m excited then!

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Michael Utz @theutz.com · 19/07/2026

Ah! That’s good to know. Maybe that’s why it seems like so little is said about his history in reports. Makes sense.

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Michael Utz @theutz.com · 19/07/2026

I follow British politics a bit, and I haven’t been a Starmer fan for awhile. But I find it VERY odd that a relative unknown just pops into Parliament and becomes PM. Like, there’s gotta be something fishy going on there, right?

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The Volatile Mermaid @ohnoshetwitnt.bsky.social · 18/07/2026

Imagine if a woman president spent most her time raving and crying about an election she lost 6 years ago. Emotional. Unstable. Hysterical. Unfit to lead.

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Dylan Reeve @dylanreeve.com · 17/07/2026

It's very hard not to love @doctorow.pluralistic.net when he gets stuck into something. This video really lays out the AI bubble clearly!

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