Big Technology Podcast Paying For Social, RIP IPOs & Voice Computing, Four Day Work Weeks
Feb 24, 2023
Cory Weinberg, a Senior Reporter at The Information, dives into the complexities of the tech industry's IPO landscape. He tackles the controversial shift to subscription models for social media, examining the ethics and challenges it poses. The discussion reveals struggles private companies face as they navigate compensation strategies. Cory also explores the stalled progress of voice computing and the potential of the four-day workweek, questioning its viability amidst changing workplace norms. It's a riveting look at the intersection of technology and work culture.
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Meta's Shocking Visibility Claim
- Ranjan Roy had to apologize for doubting Meta would explicitly link paid verification with increased visibility.
- He was shocked to find they did, recalling Facebook's poor customer service even for paying advertisers.
Shifting Platform Dynamics
- Platforms like TikTok and Instagram are becoming more like media platforms than town squares.
- Content producers are the primary customers, seeking greater reach, creating an inequitable creator economy.
Twitter Blue's Weak Performance
- Twitter Blue's poor performance, with low subscriber numbers, suggests paid social media features might struggle.
- The model only generates minimal revenue, questioning the viability of similar strategies on Facebook and Snapchat.