This chapter explores the struggles in the news industry, including layoffs and closures, as well as the impact of technology and shifting consumer behavior. It discusses the role of advertisements, the disruption caused by big tech platforms, and the challenges faced by publications in transitioning distribution strategies. The chapter also delves into the implications of AI on the media industry, highlighting the existential crisis for music critics and the concerns around AI-powered search engines and their impact on publishers.
Layoffs are hitting newsrooms and publishers again, as tech platforms, ad markets and artificial intelligence reshape the internet. Kevin Roose and Casey Newton have ideas for solutions. Then, one of the most influential investors in crypto companies lays out where the industry went wrong, and why he still thinks blockchains are the future. And finally, a round of HatGPT with the week’s tech headlines, including a spicy LinkedIn post and an A.I. test that disturbs Kevin and Casey’s sense of reality.
Today’s guest:
Chris Dixon, partner at Andreessen Horowitz
Additional Reading:
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