In a 2019 survey from ZAK, a youth-focused creative agency, nearly two thirds of the 1,000 people polled, all under 30, said they prefer to talk in private message threads rather than on open forums and feeds. Sixty percent of respondents stated that talking in private groups means they can “share more openly.”
Platforms and marketplaces have a place in web3 -- OpenSea is a multi-billion dollar company -- but it charges only 2.5% fees on transactions. More value accrues to the creator and the consumer. Web 2.0 platforms and marketplaces charge a lot more than 2.5%. Airbnb takes roughly ~15% from both sides combined. eBay, which is apparently like an... See more
So, given that this seems to be the emerging reality, we need to begin to prepare accordingly. What will journalism look like when its most influential practitioners prefer to go it alone? Who loses when publications are forced to vie with lone writers for eyeballs? What happens when the media unbundles so thoroughly that everyone competes with... See more
According to an analysis earlier this year by Mint.com for the New York Times, each of us in the U.S. spent on average $640 on digital subscriptions in 2019, up from $598 in 2017.
Making work easier. This is the problem. So obsessed with getting to the answer, completing the project, producing a result which are all valid things, but not where the richness of the human experience lies.