The reality is that journalists are ultimately professional middlemen, standing between informers and the rest of us, and adding their own spin along the way. Middlemen are not necessarily a bad thing, as we certainly don’t all have time to synthesize the facts on our own, and great journalists make the relevant facts more accessible - but this cri... See more
Search engines — the window into the web for many people — top their results with pages containing thousands of words of auto-generated nothingness, perfectly optimized for search engine prominence and to pull in money via ads and affiliate links while simultaneously devoid of any useful information.
Social networks have become “the web” for many pe... See more
However, there’s another side to this. The pickup and delivery apps (Instacart and the like) are likely to outperform as they capture the high-margin consumer brand marketing dollars, but without the physical retail infrastructure. Building your own distribution via DTC marketing and relationships also gets more important, with Facebook and Shopify... See more
The important distinction to note is that user-owned platforms create a construct whereby users are owners and as a result generate wealth through both income and capital appreciation.