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If you're looking for another over-scripted and edited podcast, this is not it. But if you want to listen to honest and unfiltered discussions about the latest in tech and its impact on society, welcome, you have come to the right place. This is Another Podcast where two friends and colleagues discuss their overlapping experiences and perspectives on what happens in technology. We might know some of the same things, yet we also have different backgrounds and expertise, or at least, we ask different questions. Benedict Evans has worked in equity research, strategy and venture capital and owns lots of old phones; Toni Cowan-Brown works at the intersection of tech, policy and politics.

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Looking for friction

2026/09/20

How much consumer spending and how many business models are locked up by friction, inertia and complexity that AI might reduce or remove? How many businesses depend on making it too hard to bother? What happens if ‘the marginal cost of arguing goes to zero’?

AI deployment

2026/08/16

Every big company deployed Copilot. Hmm. That doesn't seem to have changed everything, so now what? How does this work, how do change management and 'AI deploycos' turn out, and how does this fit into 'normal technology'?

Most people and companies aren't tool-builders

2026/07/24

AI makes it easy for anyone to build tools to automate their work... except most people and most companies aren't tool-builders, don't think like that, and can't and won't do that. This is why software companies and consultants exist - AI changes the thresholds but not the problem.

Token pricing

2026/07/15

AI is in a supply crunch today, but what happens when we come out of it? How and where will supply, demand, price, capacity and capex get back into equilibrium? Today, model labs can name their price, but why won’t they end up as low-margin commodity infrastructure?

The spring updates on AI

2026/06/05

Twice a year, Benedict publishes a big presentation exploring macro and strategic trends in the tech industry, and the latest came out a few weeks ago. These days, that means AI. What's new and what are the big questions?

What jobs are AI jobs?

2026/04/16

How do you know what AI will do to your industry? Your company? Your job? The easy, obvious answer is to add up the things you do that can be automated, but it’s probably better to ask how the job will change, and to ask what your job really means. Is AI tackling the easy part or the hard part? What are your customers really buying?

The end of the network effect

2026/02/28

OpenAI has some big questions. It doesn’t have unique tech. It has a big user base, but with limited engagement and stickiness and no network effect. The incumbents have matched the tech and are leveraging their product and distribution. And a lot of the value and leverage will come from new experiences that haven’t been invented yet, and it can’t invent all of those itself. What’s the plan?

AI and SaaS

2026/02/23

What does AI do to software? What's a more interesting answer than 'no, this won't kill SaaS'? And what comes after the euphoria?

How does OpenAI compete?

2025/12/20

OpenAI has all the mindshare and 800m weekly active users, but the models remain commodities and platforms with their own distribution are coming up fast. How will it compete? How will any of this work? How can you differentiate AI?

The AI presentation

2025/11/16

It's time for Benedict's annual Tech Trends presentation. What's new, what's boring, what are the new questions?

A double episode: AI differentiation, and Apple does F1

2025/08/21

How can billion dollar chatbots differentiate when they're all doing the same thing in the same way? - and - Why is tech into F1, and why is F1 into tech?

Looking for AI strategies

2025/04/05

It's easy to say what tech companies want from AI, but much harder to talk about the product strategy - they're all pretty much the same. "Just build a better model!" Where does that go? Can they differentiate? What would it mean to differentiate a product that can do 'everything' - what would different everythings be?

Ai eats the world

2024/12/08

For the past decade, Benedict has given an annual presentation on the state of technology, and he did the latest at Slush in Helsinki last month. In this episode we discuss some of the challenges and issues that he tried to cover. You can find the full presentation here - https://www.ben-evans.com/presentations

From SAAS software to Formula 1

2024/10/11

Benedict went from being a consultant to an analyst to having his own business, but in essence, he's always been an analyst. Toni went from policy to consultancy, then from B2B sales to Formula 1. After four years of doing the podcast, we thought it would be interesting to sit down and discuss how we got here and talk all things Formula 1.

Google's Antitrust case

2024/08/19

A quarter century after 'don't be evil', a judge has found that Google is abusing its monopoly in search. But no-one knows what happens next, and whether this ruling will change anything. Will Apple build a search engine? Will ChatGPT change search? Does it matter? There are many more questions than answers.

Podcast reviews

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4.5 out of 5

63 reviews

★★★☆☆

steamboat willie 420 2025/04/08

Benedict Mansplains AI

This podcast would be significantly more interesting if Benedict weren’t constantly interrupting Toni to ramble on for minutes without letting her spe...

★★★☆☆

Riemann8 2023/10/30

Decent takes on tech happenings

Ben Evans has some good takes on tech. Pithy one-liners like “Amazon is a bundle” and “AI is software that doesn’t work yet”. Toni is a pretty poor po...

★★★★★

ricciardo'snose 2021/11/26

Ftone

Great pod. Toni is an amazing host AND guest!!!!

★★★★★

Boomhauer728 2021/06/22

Great podcast!

I really enjoy it, but Benedict you need to get a real microphone! It sounds like you’re just using your laptop’s built in microphone

★★★★★

wfh kw 2021/03/10

Insightful and fun!

Love this show. Ben and Toni do a great job of sharing key insights. Must follow!

★★★☆☆

dubkat 2021/02/25

Easy extra star: improve the audio quality

I think I could appreciate the insights and commentary Benedict provides, but it’s annoying listening to someone's voie for 30-45 minutes with an ever...

★★☆☆☆

Lesley Grimshaw 2021/02/21

Repetitive and boorish

This isn’t a review of Toni Cowan Brown because, well, I’ve scarcely heard her speak on this pod. She is reduced to a supporting role of hmms and hahs...

★★★★☆

CM3392 2021/02/11

Great content, production values need work

I enjoy learning from both hosts on a variety of subjects. But, please attend to audio hygiene issues! Ep 16 (big preso) had microphone impacts that s...

★★☆☆☆

mard stevens 2020/12/14

Tony says yep yep yep way too much

Listen or she does hmmm. Let him speak. So annoying

★★★★★

Kenneth Cukier 2020/12/01

Fabulously thoughtful

Entertaining and filled with novel insights. Always time well spent.

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