This chart also gets to the heart of the challenges of being a content publisher: publishing content is expensive, requiring a significant investment in people (journalists, videographers, artists, etc.) or a significant payout to content creators. This leads to lower margins for content publishers relative to content platforms. The New York Times ... See more
Better tools are not the bottleneck to creating great work. A person focusing on one thing the antiquated way - pen and paper or whatever - will beat the tool optimizers any day. A new piece of technology isn’t going to magically hone your craft. The work to hone your craft feels hard because it’s supposed to be hard.
Here’s one way to think about the differences between the Internet and the Blockchain. The previous generation of shared protocols (TCP/IP, HTTP, SMTP, etc.) produced immeasurable amounts of value, but most of it got captured and re-aggregated on top at the applications layer, largely in the form of data (think Google, Facebook and so on). The Inte... See more