Insights on the future of journalism, micropayments, and quality content
When the internet first arrived, no one could define its total addressable market. The concept of e-commerce felt abstract — who, after all, would ever trust a website with their credit card? Yet today, e-commerce has not only surpassed brick-and-mortar retail in growth, it has redefined how we buy nearly everything.
Read Full ArticleIf you can truly understand incentives, how people are being rewarded, you have a good chance of understanding how they will behave. Follow the incentive, and you can usually predict the outcome. Which is why I think so much of the polarization we see online today isn’t some great mystery. We built an internet that rewards attention at all costs. As a result we got an internet full of outrage, noise, and content engineered to keep people fired up and scrolling.
Read Full Article“Won’t micropayments cannibalize our subscriptions?” I get why that fear shows up. Subscriptions have been the lifeline. The notion of potentially disrupting that lifeline is unsettling. But my view is this: your work is more valuable than you believe.
Read Full ArticleThe most influential interviews in America aren’t happening on network TV anymore, they’re happening on podcasts hosted in spare bedrooms. Dozens of independent creators now command audiences larger than any of the late shows. But with the shift to a more fragmented, decentralized media landscape comes a problem we haven’t solved yet: how do we fund the kind of meaningful, deeply researched content we used to rely on institutions to provide?
Read Full ArticleFor the past 30 years, we’ve lived in a world where the vast majority of the internet was free. At least, that’s how it felt. You could search anything, read the news, connect with friends, follow your interests, and never pay a dime. It was a fantastic deal. We got powerful tools, endless content, and instant access to the world, and all we had to give up was a little time and attention. But even that ‘free’ model was built, as all markets are, on the exchange of value. It’s just that the value we were giving up was a lot more subtle.
Read Full ArticleThere is an absolutely profound shift happening to the Internet, and it’s happening faster than most people realize. The shift from search-based discovery to AI-generated answers is already underway, and it’s upending how content is consumed. My guess is it will very quickly change the way that content is valued as well.
Read Full ArticleIf we can give readers a simple way to compensate the creators whose work resonates — no commitment, no hassle — I think the outcome can actually be better than what we’ve all grown accustomed to over the past 20 years.
Read Full ArticleWe're living in the golden age of misinformation, but micropayments for quality journalism can be an important tool to help solve our information crisis.
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