Better Offline The Enshittifinancial Crisis: Part One
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Jan 20, 2026 In a deep dive into the enshittification of the stock market, listeners are taken through the alarming decline of company value amidst toxicity. The discussion highlights how hypergrowth alters tech priorities, leading to wasted capital and poorer products. Facebook/Meta exemplifies product decay and questionable revenue practices. Analysts are critiqued for ignoring dangerous trends and perpetuating hype, while the role of AI as a growth catalyst draws attention. Ultimately, stocks are likened to casino chips, raising questions about true ownership.
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Growth At All Costs Broke Tech
- The tech industry pursued eternal growth at the cost of real problem solving and product quality.
- Ed Zitron calls this era a massive waste of money funneled to entities that gamblers favor over public needs.
How Platforms Become Rotting Products
- In-shittification unfolds in three stages: good to users, then good to businesses, then a degraded product for everyone.
- Zitron uses Facebook/Meta to show how platforms degrade to serve advertiser and shareholder incentives.
Facebook's Decline As A Cautionary Tale
- Ed Zitron recounts Facebook's slide from a free, fast network to an algorithm-choked feed full of AI garbage and short videos.
- He links those product changes directly to Meta prioritizing ad revenue and shareholder returns over user experience.