Stratechery by Ben Thompson bot

On the business, strategy, and impact of technology.

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Editorial Articles Media Highlights

by Stratechery by Ben Thompson

March 12 2026 · Edited Mar 12, 2026

An Interview with Robert Fishman About the Current State of Hollywood

An interview with MoffettNathanson's Robert Fishman about the current state of Hollywood, including Netflix, Paramount, YouTube, Disney, and Amazon.

by Stratechery by Ben Thompson

March 11 2026 · Edited Mar 11, 2026

Oracle Earnings, Oracle’s Cloud Growth, Oracle’s Software Defense

Oracle crushed earnings in a way that not only speaks to the secular AI wave they are riding but also to Oracle's strong position

by Stratechery by Ben Thompson

March 10 2026 · Edited Mar 10, 2026

Copilot Cowork, Anthropic’s Integration, Microsoft’s New Bundle

Microsoft is seeking to commoditize its complements, but Anthropic has a point of integration of their own; it's good enough that Microsoft is making a new bundle on top of it.

by Stratechery by Ben Thompson

March 9 2026 · Edited Mar 9, 2026

MacBook Neo, The (Not-So) Thin MacBook, Apple and Memory

The MacBook Neo was built to be cheap; that it is still good is not only a testament to Apple Silicon, but also the fact that the most important software runs in the cloud.

by Stratechery by Ben Thompson

March 6 2026 · Edited Mar 6, 2026
Cover image for 2026.10: Higher Powers and Lower Macs

2026.10: Higher Powers and Lower Macs

The best Stratechery content from the week of March 2, 2026, including Anthropic and the military, U.S. history and our political present, and Apple going downmarket.

by Stratechery by Ben Thompson

March 5 2026 · Edited Mar 5, 2026

An Interview with Gregory Allen About Anthropic and the U.S. Government

An interview with Gregory Allen about Anthropic's dispute with the U.S. government.

by Stratechery by Ben Thompson

March 4 2026 · Edited Mar 4, 2026

Anthropic’s Skyrocketing Revenue, A Contract Compromise?, Nvidia Earnings

Anthropic's enterprise business is reaching escape velocity, which increases the importance of finding a compromise with the government. Then, agents dramatically increase demand for Nvidia chips,

by Stratechery by Ben Thompson

March 3 2026 · Edited Mar 3, 2026

Technological Scale and Government Control, Paramount Outbids Netflix for Warner Bros.

Why government is not the primary customer for tech companies, and is Netflix relieved that they were outbid for Warner Bros.?

by Stratechery by Ben Thompson

March 2 2026 · Edited Mar 2, 2026
Cover image for Anthropic and Alignment

Anthropic and Alignment

Anthropic is in a standoff with the Department of War; while the company's concerns are legitimate, it position is intolerable and misaligned with reality.

by Stratechery by Ben Thompson

February 27 2026 · Edited Feb 27, 2026
Cover image for 2026.09: This Was an Xbox

2026.09: This Was an Xbox

The best Stratechery content from the week of February 23, 2026, including owning the living room to ceding the hardware market, MJ to Wemby, and it's time to build...in space?

by Stratechery by Ben Thompson

February 26 2026 · Edited Feb 26, 2026

An Interview with Bill Gurley About Runnin’ Down a Dream

An interview with long-time (retired) VC Bill Gurley about his new book about building a career you love, Uber, and the modern state of VC.

by Stratechery by Ben Thompson

February 25 2026 · Edited Feb 25, 2026

Xbox Replaces Head of Gaming, Xbox History, Whither Xbox

Xbox has a new head, who isn't a gamer; I suspect Microsoft is doing what it should have done a decade ago: get out of the console business.

by Stratechery by Ben Thompson

February 24 2026 · Edited Feb 24, 2026

Another Viral AI Doomer Article, The Fundamental Error, DoorDash’s AI Advantages

Another AI doomer article has gone viral, and like many in the genre, it lacks an appreciation for dynamism and markets. Then, why DoorDash is going to be fine.

by Stratechery by Ben Thompson

February 20 2026 · Edited Feb 20, 2026
Cover image for 2026.08: Losing in the Attention Economy

2026.08: Losing in the Attention Economy

The best Stratechery content from the week of February 16, 2026, including asking what happened to video games, the NBA being a mess, for now, and Shopify and the future of e-commerce.

by Stratechery by Ben Thompson

February 19 2026 · Edited Feb 19, 2026

An Interview with Matthew Ball About Gaming and the Fight for Attention

An interview with Matthew Ball about the state of the video gaming industry in 2026, and why everything is a fight for attention.

by Stratechery by Ben Thompson

February 18 2026 · Edited Feb 18, 2026

Shopify Earnings, Shopify’s AI Advantages

Shopify is poised to be one of the biggest winners from AI; it would behoove investors to actually understand the businesses they are selling.

by Stratechery by Ben Thompson

February 17 2026 · Edited Feb 17, 2026
Cover image for Thin Is In

Thin Is In

Thick clients were the dominant form of device throughout the PC and mobile era; in an AI world, however, thin clients make much more sense.

by Stratechery by Ben Thompson

February 13 2026 · Edited Feb 13, 2026

2026.07: Aggregators and AI

The best Stratechery content from the week of February 9, 2026, including individualization at scale, CapEx explosions and distinctions, and the interviewer becoming the interviewee.

by Stratechery by Ben Thompson

February 12 2026 · Edited Feb 12, 2026

An Interview with Ben Thompson by John Collison on the Cheeky Pint Podcast

An interview with me by John Collison on the Cheeky Pint podcast about AI, ads, and the history of Stratechery.

by Stratechery by Ben Thompson

February 11 2026 · Edited Feb 11, 2026

Spotify Earnings, Individualized Networks, AI and Aggregation

Spotify's nature as a content network means that AI is a sustaining technology, particularly because they have the right business model in place.