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Death of the Racket: 2023 Winners and Losers

People vs Algorithms

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Substack and the Losers Losers

Alex Castellanos: I think platforms like substack are really on a growth trajectory. They build communities around voices and around very narrow subject matter interests. He says the only business model that seems to have been durable in digital media has been basically having a parking lot. Castellanos also thinks Google is "the ultimate racket, right? And like it's a mafia racket"

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