Category: Media/Tech Business Models

The Token Act – A Modest Proposal from 2018

I’m in the middle of a rather large project, attempting to consolidate a thread running through roughly a dozen essays I’ve written over the past decade or so. I keep running into borked links when I hit one particular piece – which can be found on LinkedIn, but not this site. It’s a seminal reference post about a fictional “Token Act,” which I proposed while researching Internet policy at Columbia back in 2018. I’m going to repost it here, below, so it’ll live on my own domain from now on. 

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Social conversations about difficult and complex topics have arcs – they tend to start scattered, with many threads and potential paths, then resolve over time toward consensus. This consensus differs based on groups within society – Fox News aficionados will cluster one way, NPR devotees another. Regardless of the group, such consensus then becomes presumption – and once a group of people presume, they fail to explore potentially difficult or presumably impossible alternative solutions.

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Bluesky, Twitter, and “The Open Network”

Emily Liu at Bluesky has a timely post that I’d like to respond to. (Back in the day, when blogging was a thing, we did a lot of this – someone would write a thoughtful piece, then many others would write responses. These organic, mostly high-quality “backlinks” formed the backbone of Google’s early web dominance, but I digress, somewhat, because it’s all related).

In any case, Liu’s piece, entitled “Benefits of an Open Network,” uses a series of simple metaphors to explain how Bluesky is different from other social networks. Most readers already know this, but just in case, here’s the core of it: Bluesky is an app built on an open protocol, which means Bluesky users can engage with any other app which conforms to that protocol. In other words, Bluesky lives in an open network, albeit a rather limited one at the moment. Here’s Liu:

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Apparently, Brand Safety Is Dead. That’s Good For News, No?

SHOT.
CHASER.

If you want to understand where the zeitgeist is headed in Silicon Valley, you have to study The Information, the clubby, well-sourced favorite read of Valley oligarchs. The publication made its reputation by commanding lofty subscription prices back when nearly all tech news was free; it now enjoys multiple revenue streams, including advertising, events, and a “pro” version for $750-$999 a year. I’ve been a subscriber (of the “regular” variety) for years, and I probably always will be.

That said, every so often The Information runs a story that is so clearly aligned with the interests of the plutocracy it begs to be called out. “Advertisers Retreat From Social Media Policing” is its latest entry in this category. The piece opens with a stupendous straw man: “For several years, a favorite tactic of progressives agitating against social media and conservative news outlets has been pressuring marketers to pull their ads.”

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Don’t Repeal Section 230. Clarify It.

The 26 words that “changed the internet.” Image NYT.

(This is a column I wrote for Signal360, P&G’s companion publication for its Signal conference, which I co-produce. It’s always fraught to weigh in on this fundamental piece of Internet legislation, so I welcome your thoughts!)

It’s difficult to find anything Congress agrees on these days, but when it comes to the much-misunderstood policy known as “Section 230,” it’s unanimous: this piece of 20th-century legislation needs to be fixed. And while such a fix may be needed, it could have a significant impact on how every company goes to market. 

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What I’ve Been Up To This Past Year: DOC

We’ve been building something.

It’s been quiet here for a few months. Yesterday I posted a longish piece on LinkedIn explaining why, and for those of you wondering what I’ve been up to lately, I figured I’d repost it here….

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Technology, Humanity, and the Existential Test

I’m still digging through some of the pieces I posted at the now defunct NewCo Shift, and found this piece, adapted from a talk I gave at the Thrival Humans X Tech conference in Pittsburgh back in September of 2018. I was alarmed by trends that I saw intensifying – a push by the tech industry to deregulate their power, the growing influence of private company algorithms on public domains, the rise of autocratic politics and “technocapitalism.” Six years later, it feels like I could give this talk again today, nearly word for word – and it’d be even more relevant. 

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What’s SearchGPT Really About? Moving Past the Training Data Dilemma.

This morning we awoke to one story dominating the tech news landscape: OpenAI is “expanding into search,” launching SearchGPT, a prototype that appears to be a direct competitor to Google (and Bing and Perplexity, not that they really matter). But despite the voluminous coverage, my initial take is that once the hype cycle passes – I give it a day or two – OpenAI’s true goal will emerge: fixing the optics of its approach to training data.

The company doesn’t have the resources to take on Google on its core turf. So why announce SearchGPT now? This is speculation, but I’d wager it’s because the company is in a perilous place. It built its business – one that could lose up to $5 billion this year – by scarfing up the entire Internet, mostly without permission. It’s facing a serious backlash from both established publishers and governments. In response, it’s been busy cutting deals with as many partners as it can, and this search prototype feels driven by those optics.

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Ads, Ads Everywhere

The Times’s piece decries all the ads on TV. But is this a surprise?!

The advertising world is uncomplicated at its core, and utterly bewildering when seen from the outside. The easy bit stems from a simple axiom: Wherever you can find the attention of potential customers, you pay to get your message in front of them. That’s the essence of advertising: paying for attention. It gets complicated by the details – the medium, the message, the targeting, the tech – but wherever customers gather, advertising will follow. There’s simply too much money to be made for it to be otherwise.

So it was utterly unsurprising to learn, a few hours ago as I write this, that there will soon be ads on PayPal, driven by the data the company collects. PayPal recorded 6.5 billion payments in the first quarter of 2024 alone, according to the Journal. The company plans on creating what’s known as a “retail media network” allowing advertisers to leverage PayPal’s data to target users both on platform and off.

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Wrestling With The Gray Lady

Find the Search button…

The other day my wife and I heard a report on our local public radio station that mentioned the Biden Administration’s American Climate Corps (ACC) initiative, a new program seeking to recruit 20,000 young people into jobs on the front line of the climate crisis. Modeled on Franklin Roosevelt’s Depression-Era Civilian Conservation Corps (CCC), the program is a signature element of Biden’s response to what anyone with a pulse knows is the most pressing issue of our day: we’re destroying the planet through misguided economic incentives.

But despite the fact that the ACC was launched with much fanfare last Fall, my wife and I had never heard of it. We have three young adult children whose future feels in doubt because of climate change, and they’d never heard of it either – not a good sign for a program that hopes to recruit tens of thousands of people just like them. All five of us feel like we’re reasonably well informed. I mean, we read The New York Times, don’t we?

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Will GenAI Kill The Web?

The Atlantic is out with a delicious piece of doomerism: It’s The End of the Web As We Know It. Were it not for the authors, Judith Donath and Bruce Schneier, I’d have passed right on by, because well-respected publications have been proclaiming the death of the Web for more than a decade. By and large they’ve been proven directionally right, but it’s taking a lot longer than most predicted. Much like the Earth’s coral reefs, the Web has been dying off in waves. In their piece, Donath and Schneier argue that generative AI augurs the Web’s final stage of life. The coup de GPT, if you will.

Donath and Schneier are more thoughtful than your average trend-spotting feature writers. Donath, a fellow at Harvard’s Berkman Center, is the kind of digital polymath I’ve admired for years, but who’s been relatively quiet of late. No longer. And Schneier, a security expert, writes smart stuff about nearly everything I care about as it relates to the Internet. It’s fair to say I’ll read just about anything he writes.

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