I think the mistake too many entrepreneurs make is they start companies assuming they have scale. We’ve seen no scale, we’ve seen hyperscale, and what we realized was what we have to do is we have to start with that utility and the best networks. I didn’t realize Chris wrote that post, but I should maybe in the back of my mind that’s what I was... See more
And yet, precisely as the platforms became more universal, they became more destructive of community. Communal in clusion relies on ex clusion: some notion of who is and is not a member of the group, and some ways of enforcing that boundary.
humanity is still adapting to the fact that ordinary people have broadcasting capability. cultural norms around this are still being negotiated in real time. it’s actually imo more disruptive than promethean fire; you can’t use fire to burn people on the other side of the planet
“I was taught that a trustworthy press is the immune system of democracy,” he said. “I could see an immune system not working, and I decided I needed to play a role.” He reached out to industry leaders like Jeff Jarvis to figure out what that role could look like. Newmark was particularly interested in how to regain public trust and fend off disinformation through good journalism, according to Jarvis, a professor at the City University of New York’s Graduate School of Journalism. “‘Trust is the new black’ was one of his lines,” he told Observer.”
The Past, Present, and Future of Consumer Social Companies
This is not to just be a “things were better in the old days” rant. But I do think in the era of growth teams running wild with machine learning algorithms, we accelerated distribution incentives to drive engagement before we really knew what incentives were being created in the internet economy. And now the larger social networks are grappling... See more