In this chapter, the speakers discuss the state of the media industry, highlighting the challenges faced by both big and niche media companies. They emphasize the dominance of search platforms like Amazon, Google, and Meta, making it difficult for other companies to acquire customers. The conversation also touches on the success of asset-like companies and the importance of long-form investigative journalism.
Kara and Scott discuss Amazon bringing ads to Prime Video, the jury's $83 million verdict against Donald Trump in the E. Jean Carroll defamation case, and the FTC's investigation of Big Tech's involvement in AI. Then, will the uproar over Taylor Swift and George Carlin deepfakes finally lead to regulation? Plus, what do the ongoing media layoffs mean for the future of journalism? Our Friend of Pivot is Chris Dixon, founder and managing partner of A16Z Crypto, and the author of "Read Write Own: Building the Next Era of the Internet." Chris explains why he (still) thinks crypto and blockchain are the future.
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