The Misdiagnosis of the Link Tax

The podcast discusses how the idea of the link tax, which aims to have big tech platforms pay for sharing links with internet users, is fundamentally flawed. It wrongly blames platforms like Google and Facebook for the financial struggles of print media outlets, when in reality, it was the rise of platforms like Craigslist that disrupted their revenue streams. Canada's recent implementation of a link tax has resulted in a full news embargo by Google and meta, severely impacting Canadian news outlets and leading to layoffs and potential closures. The misguided attempt to extract revenue from tech giants fails to recognize the significant value these platforms provide to news websites with global distribution and costless exposure.