"You look at a $200 or $300 product that's sold to the end consumer for $5,000 or $6,000 and it makes sense why your town orthodontist is working four days a week and driving around in a Porsche and playing golf."
“There’s no doubt in my mind that we’re going to go through a very similar journey where even the concept of what a podcast or audio actually is will become re-imagined.”
So what creators need, then, is the opposite of a cult: they need a decentralized collective, a DAO. With proper coordination, DAOs actually offer a far more compelling model for distribution than centralized models of either corporate conglomerates or, yes, cults. In fully decentralized creator communities, fans can actively become creators themse... See more
Outside of a fundamental restructuring of the internet (here’s looking at you, Web 3.0!), the next best solution for journalists and writers of all stripes is to band together, insist on a more equitable distribution of resources, and begin wielding the considerable agency at our disposal for our own good, rather than that of the men behind the cur... See more