People vs Algorithms

Compression

Jun 6, 2024
This podcast delves into the impact of compression in various industries, from software development to marketing. It explores the challenges of change management at major media organizations like The Washington Post and The Wall Street Journal. The discussion also touches on the evolution of technology, AI's influence on marketing efficiency, and the decline of traditional newspapers.
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ANECDOTE

Blockbuster vs. Netflix

  • People fondly recalled Blockbuster trips, but convenience trumped nostalgia with Netflix.
  • This illustrates how powerful forces, like laziness and cost, can override sentimentality.
INSIGHT

The End of Software?

  • Media compression drove content creation costs towards zero, and AI could do the same for software.
  • This may lead to a similar Cambrian explosion in software as seen with content.
ANECDOTE

Klarna's AI Marketing

  • Klarna cut marketing costs by 25% using AI for translation, versioning, and ideation.
  • This shows how existing organizations are getting leaner by leveraging AI.
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