Patrick McKenzie — Money laundering, big tech censorship, SBF & Japan
Dwarkesh Podcast
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Challenges in Journalism, A-B Testing, and Founder Priorities
The size of the journalism industry is decreasing due to structural factors. Wall Street Journal predicted this decrease due to factors like companies focusing on minimizing labor costs. Founders are advised to focus on A-B testing to optimize their strategies but not over-optimize on marketing engineering. Founders should avoid the pitfalls of playing house and chasing status, as success should be earned through future accomplishments. It's crucial for founders to focus on tasks that truly matter, like talking to more users, writing software, creating an excellent product, and improving sales, rather than getting distracted by activities like attending parties or conferences.
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