Monologue: Dealing With The Weight Of History
Better Offline
Cool Zone Media and iHeartPodcasts
4.6 • 688 Ratings
🗓️ 31 October 2025
⏱️ 11 minutes
🧾️ Download transcript
Summary
In this week's Better Offline monologue, Ed Zitron takes a moment to discuss the current state of the bubble, and the way we’re all feeling at this time in history.
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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/
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.5 | Guaranteed human. |
| 0:06.7 | CallZone Media. |
| 0:10.0 | Hello and welcome to this week's Better Offline monologue. |
| 0:12.8 | I'm your host at Zittron. |
| 0:19.0 | And God damn am I tired tired i'm so tired of watching this routine this god damn routine every single |
| 0:29.0 | earnings a big tech company talks about the wonder of ai they post growth of revenue and the |
| 0:35.4 | finance media writes that that growth came from selling AI, |
| 0:38.9 | despite the fact that none of these companies actually say how much they've earned from selling |
| 0:43.0 | either AI software or renting out GPUs. Isn't that weird? Isn't that really weird? With two years |
| 0:50.8 | in, three years in, honestly, and not a single one of them mentions how much they make from AI. |
| 0:55.9 | Microsoft did it two quarters running, then they stopped. Not a problem. No need to check in on the |
| 1:01.0 | company that has now spent over $200 billion since 2022, building data centers full of GPUs so that they |
| 1:07.0 | could make an amount of revenue that they are deciding not to share. |
| 1:17.9 | Like just, are they shy? Are they shy? Are they, is the revenue too good? Oh, I couldn't possibly. |
| 1:23.8 | I'm too shy. I couldn't share my AI revenue. Perhaps somebody should report this out sometime. |
| 1:28.9 | In any case, everybody is aggressively, intensely ignoring the elephant in the room. |
| 1:33.3 | Open AI, the billion-dollar baby that loves burning billions of dollars, who both the California and Delaware Attorney's General decided to let convert to a for-profit entity. And guess what? |
| 1:38.5 | Open AI is already gearing up to go public in 2027. You know what? Fuck him. Let them. |
| 1:44.7 | Let them file a goddamn S1. |
| 1:46.5 | Show me the innards of this company. |
| 1:48.3 | I bet OpenAI's books are going to look like a dog's dinner coming out of its asshole on Thanksgiving. |
... |
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