Code Drama, WGA Revisited, and The Taylor Swift Effect
Sep 29, 2023
56:58
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Yoel Roth, former head of trust and safety at Twitter, discusses code drama and Kara's interview. Scott reflects on his mistakes about the Writers Strike. The hosts analyze the impact of the Writers Guild of America (WGA) strike and discuss recent changes in the entertainment industry. They also explore the potential influence of Taylor Swift on Travis Kelce's popularity. Taylor Swift's marketing power and political activism are highlighted, along with support amidst attacks from Republicans.
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Quick takeaways
Creators should consider forming alliances and demanding compensation from tech companies that benefit from their intellectual property to secure a more equitable share of the revenue.
There is an opportunity for creators to form an international consortium to protect their intellectual property rights and generate additional revenue.
Tech companies are taking advantage of creators' content without proper compensation, and creators should take action to protect their intellectual property.
Deep dives
Opportunity for a Creator's Consortium
There is an opportunity for creators to form an international consortium to protect their intellectual property rights and generate additional revenue. By lobbying and taking legal action, this consortium could establish that generative AI cannot use creator content without permission and then license that content to the highest bidder, potentially generating significant income.
The Need for Fair Compensation in the Entertainment Industry
The recent contract negotiations between writers and studios in the entertainment industry highlight the need for fair compensation. While the 5% increase in pay is celebrated, it falls short of keeping up with inflation and the true value of creators' work. Creators should consider forming alliances and demanding compensation from tech companies that benefit from their intellectual property in order to secure a more equitable share of the revenue.
Tech's Exploitation of Creators' Content
Tech companies, such as those in the generative AI space, are taking advantage of creators' content without proper compensation. Creators should be aware that their work is being crawled and used to generate new content, and they should take action to protect their intellectual property. By organizing and confronting these tech giants, creators can ensure that their work is not exploited for the financial benefit of others.
Taylor Swift's Romances Drive Economic Power
Taylor Swift's romantic relationships have a significant impact on her brand and economic power. When she is rumored to be dating someone, like Kansas City Chief Travis Kelsey, it leads to increased viewership, merchandise sales, and album releases. Her influence extends beyond the music industry, and attacking her can have political implications. Swift's ability to engage and mobilize fans, as well as her commitment to her craft and fair compensation for her team, contribute to her continued success and popularity.
Weak Leadership of Kevin McCarthy and Linda Yacarino
Kevin McCarthy and Linda Yacarino demonstrate weak leadership by failing to stand up to extreme factions within their respective organizations. McCarthy's inability to navigate his party's divisions is visible in his handling of the impeachment proceedings and budget crisis. Yacarino's alignment with Elon Musk, without addressing his problematic actions, undermines her position as a leader. Failure to assert themselves and make difficult decisions may lead to their loss of power and positions by the end of the year.
After a headline-making Code Conference, Kara discusses her interview with Yoel Roth, the former head of trust and safety at Twitter, and also talks about X CEO Linda Yaccarino's interview with CNBC Correspondent Julia Boorstin. Then, Scott addresses his critics and explains what he got wrong about the Writers Strike, and what he still thinks he got right. Plus, how Travis Kelce is seemingly experiencing the Taylor Swift effect.
Check out Kara's interview with Yoel Roth, former head of trust and safety at Twitter, and CNBC Correspondent Julia Boorstin's interview with X CEO Linda Yaccarino in the 'On with Kara Swisher' feed.