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But for content platforms, the move to digital content hasn’t been correlated with a burgeoning long tail: the top creators are massively successful, while long-tail creators are barely getting by.

A big component of the surprising durability of Google's growth is that the use cases for search keep broadening. Search used to be more about finding reference information, but over time turned into a way to take specific actions (search queries including the phrase "near me" are up 100x in relative terms over the last decade—the feedback loop bet... See more

Alongside rising CACs, Apple’s App Tracking Transparency (ATT) changes have dealt a blow to digital advertising. ATT is Apple’s opt-in privacy framework that requires all iOS apps to ask users for permission to share their data. Spoiler alert: many people do not opt in. Meta estimates that it will lose $10 billion in ad sales revenue (about 8% of i... See more

Ant started out by building the digital payment infrastructure necessary to facilitate transactions on Chinese e-commerce giant Alibaba. As PayPal is to Ebay, Ant is to Alibaba—they are both financial infrastructure companies that grew by facilitating transactions on an existing, popular marketplace.

The 30 years from 2020 to 2050 will be among the most transformative decades in all of human history. Collapsing ice sheets, the aerosol crisis, and rising sea levels will force more people to leave their homes than at any other point in human history. In some places, that means conflict is inevitable.

Meta (formerly Facebook) CTO Andrew Bosworth warned employees that creating safe virtual reality experiences was a vital part of its business plan — but also potentially impossible at a large scale.