Capitalism and Schizophrenia – Annotated

Before starting the most successful media company in the history of the Internet, BuzzFeed founder Jonah Peretti was apparently an armchair Marxist and postmodern theorist. Some people believe this essay, first published just after Peretti graduated from UC Santa Cruz in 1996, lays the theoretical foundation for Buzzfeed’s media empire. Peretti’s piece originally appeared in…

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Nonprofit leaders furious as Chan Zuckerberg Initiative cuts funding

Earlier this year, Juan Hernandez was having exciting conversations with the Chan Zuckerberg Initiative about what to do with his next round of funding. Hernandez, the CEO of Creser Capital Fund, had received $500,000 two years earlier from Mark Zuckerberg and Priscilla Chan’s mammoth philanthropic organization for his nonprofit, which provides loans to Latino entrepreneurs….

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Mark Zuckerberg Finally Admits Facebook Content Is Worthless, Glasses are the new phones or whatever

Last week, Meta CEO Mark Zuckerberg did an interview with The Verge outlining the company’s plans for AI, augmented reality, and wearables. Unlike Meta’s previous metaverse pivot, it seems like the company is much more confident this time that they’re building the future. Zuckerberg told The Verge’s Alex Heath that Meta’s new Orion glasses, which…

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Is That AI? Or Does It Just Suck?

AI is becoming synonymous with things that are unbelievable, generic, or just a little bit off.   Photo-Illustration: Intelligencer; MadMusclesPlans/X It’s an exciting time at the cutting edge of AI research. Massive companies are spending tens of billions of dollars to build, train, and deploy new AI models with which they hope to automate a…

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Retailers Are Opening Themselves To Programmatic – But Will They Regret It? | AdExchanger

Two years ago, retail media networks were at a crossroads. At the time they were weighing whether to become traditional walled gardens or allowing the programmatic ecosystem open access to data. Retailers are long past that point. Hundreds of store operators launched retail media businesses in the past couple years alone. And most of the…

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