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The Leverage

Evan Armstrong
Hundreds of paid subscribers

Read the future first: Clear-eyed analysis of tech market shifts. Beauty, craft, and moderately funny jokes included at no extra charge.

Platform
Substack
PricingFreemiumPublishesTwice weekly
Issues128Foundeda year agoLast Issue3 days ago
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Latest Issues

These Layoffs Are Bumming Me Out Man

[An earlier edition of this newsletter had an incorrect link—that is addressed in this email. My apologies!]

I spent Wednesday watching Cloudflare’s stock drop 24% on a record-revenue quarter and trying to figure out what to do with that....

3 days ago
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In Defense of AI Slop

How can we reckon with the usefulness of LLMs?

Reading the internet is an exercise in the olfactory department. Every funding post on LinkedIn, every overly confessional Substack essay, reeks faintly of digital manure. AI slop is stinking...

5 days ago
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The Most Aggressive Quarter in Capitalism

There were five Big Tech earnings calls this week with Microsoft, Alphabet, and Meta on Wednesday, Amazon and Apple on Thursday. After studying each of their quarters, the thing that has stuck with me through all of them isn’t any single li...

10 days ago
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7

The Middle Gets Eaten

What AI is actually doing to engineering teams.

On April 15, Snap fired 1,000 engineers, roughly 16% of its workforce, and disclosed in an SEC filing that 65% of new code at the company is now AI-generated.

13 days ago
36
4
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The Labs Are Eating Everything

While eating greasy slices of pepperoni pizza at dinner, my wife and I couldn’t agree on what skills our kid needs for the future. Whether you believe AI is a good thing or a bad thing, it is increasingly undeniable that it is at least a re...

17 days ago
38
2

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  • Evan Armstrong

    Founder of The Leverage. Writer and Investor.

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