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Ed Zitron's claims that Meta, Google, and Microsoft are dying and lack growth are contradicted by financial data

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An analysis of Ed Zitron's AI skeptic predictions finds his claims that Meta, Google, and Microsoft are dying companies lacking growth are contradicted by their revenue and profit numbers.

WHY IT MATTERS

Engineers evaluating the strategic direction of major platforms based on AI skepticism should verify claims against primary financial data rather than third-party metrics or rhetorical arguments. Relying on inaccurate predictions about platform decline can lead to misjudgments about the stability and investment capacity of these companies in AI infrastructure.

Written by elseif from the cluster below · every claim links back to a source

The three things worth knowing

01

Ed Zitron claimed Meta, Google, and Microsoft are dying and investing in AI because they do not know how to grow.

02

Revenue and profit data for Meta, Alphabet, and Microsoft show significant growth, contradicting the claim they are dying or desperate.

03

Zitron's supporting evidence relies on minor issues like third-party Similarweb data rather than official company metrics.

THE CLUSTER

Same story, 3 feeds.

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Dan Luu How accurate have Ed Zitron's AI skeptic predictions been? Open ↗
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Dan Luu via Hacker News How accurate have Ed Zitron's AI skeptic predictions been? Open ↗