May 30, 2024

How To Re-think News in the AI Era

How To Re-think News in the AI Era
This Anthro Life
How To Re-think News in the AI Era

Join us for an enlightening discussion on the transformation of digital news consumption with Alex, the visionary founder of Other Web. I'm Adam, your host, and in this episode, we dive into the innovative strategies that Other Web is implementing to...

Apple Podcasts podcast player iconSpotify podcast player iconYouTube podcast player iconAmazon Music podcast player iconAudible podcast player iconSpreaker podcast player iconPodchaser podcast player iconOvercast podcast player iconCastro podcast player iconCastbox podcast player iconPodcast Addict podcast player iconPocketCasts podcast player iconRSS Feed podcast player iconGoodpods podcast player iconPodverse podcast player iconCastamatic podcast player iconPodyssey podcast player iconPlayerFM podcast player iconiHeartRadio podcast player icon
Apple Podcasts podcast player iconSpotify podcast player iconYouTube podcast player iconAmazon Music podcast player iconAudible podcast player iconSpreaker podcast player iconPodchaser podcast player iconOvercast podcast player iconCastro podcast player iconCastbox podcast player iconPodcast Addict podcast player iconPocketCasts podcast player iconRSS Feed podcast player iconGoodpods podcast player iconPodverse podcast player iconCastamatic podcast player iconPodyssey podcast player iconPlayerFM podcast player iconiHeartRadio podcast player icon

Join us for an enlightening discussion on the transformation of digital news consumption with Alex, the visionary founder of Other Web. I'm Adam, your host, and in this episode, we dive into the innovative strategies that Other Web is implementing to reshape how we interact with online news and information. Alex shares his journey, inspired by his upbringing in the Soviet Union where access to accurate information was limited, and his mission to eradicate the digital 'junk' that clutters our feeds today. We explore Other Web's pioneering features, such as 'nutrition labels' for news, which help users gauge the quality and source of their information, and 'news concierge' services powered by AI for personalized content curation. Our conversation also covers the future of journalism in the AI era, the ethics of technological development, and the complexities of innovating within the current news industry business models. Discover how Other Web is striving to ensure that both content creators and consumers uphold their responsibilities in the digital age.

Keywords: AI, News, Fake News, Digital Era, Digital Junk, Tech, Future, Anthropology, Consumption, Journalism, AI and News

About This Anthro Life
This Anthro Life is a thought-provoking podcast that explores the human side of technology, culture, and business. We unravel fascinating narratives and connect them to the wider context of our lives. Tune in to https://thisanthrolife.org and subscribe to our Substack at https://thisanthrolife.substack.com for more captivating episodes and engaging content.

Contact Alex Fink
https://www.linkedin.com/in/temuchin43/
https://otherweb.com/
https://podcasts.apple.com/us/podcast/the-other-web/id1661364043/

WEBVTT

1
00:00:00.040 --> 00:00:01.919
Welcome to this enter life Alex.
You know, great to have you on

2
00:00:02.200 --> 00:00:06.519
the pod today, and you know, the visionary founder. I think of

3
00:00:06.519 --> 00:00:09.880
other web you know and the like
really ground blacking and cool platform that's helping

4
00:00:09.960 --> 00:00:14.519
us rethink what news can be and
what what information can be online, and

5
00:00:14.599 --> 00:00:17.920
so I was excited to get in
touch with you to think about this and

6
00:00:18.320 --> 00:00:24.199
basically how we can rethink how we
consume information online and what is our responsibility

7
00:00:24.199 --> 00:00:27.440
both as creators and as consumers.
So, first off, welcome to the

8
00:00:27.480 --> 00:00:29.760
program, and great to have you. Thank you so much. It's great

9
00:00:29.760 --> 00:00:32.000
to be on this kind of open
up with this idea, why start caring

10
00:00:32.039 --> 00:00:34.119
about digital joke? You know,
when you said it and I heard about

11
00:00:34.159 --> 00:00:35.520
it, I was like, okay, this is this is the thing that

12
00:00:35.520 --> 00:00:38.520
matters. You know. How did
you find yourself asking these questions around joke?

13
00:00:38.560 --> 00:00:41.560
Well, I think I was primed
to care about it from my childhood

14
00:00:41.600 --> 00:00:45.039
a little bit because I was born
on the Soviet Union and I kind of

15
00:00:45.439 --> 00:00:50.520
saw what a society looks like if
nobody has any idea what's going on interesting,

16
00:00:50.640 --> 00:00:54.679
and everybody just makes the wrong assumptions
or they're pretending to know something,

17
00:00:54.759 --> 00:00:58.960
but they're kind of ninety percent sure
it's not true. And I have these

18
00:00:59.039 --> 00:01:02.359
vivid memories of my and slocking themselves
in the closet or in the bathroom or

19
00:01:02.399 --> 00:01:04.640
someplace where the neighbors won't hear,
and listening to the radio to hear a

20
00:01:04.719 --> 00:01:07.799
voice of America at four am.
Wow. Interesting to get at least some

21
00:01:08.079 --> 00:01:11.879
idea of something that might be true, even though it's foreign propaganda. Right,

22
00:01:12.159 --> 00:01:15.239
But it was foreign propaganda in the
country that had its own propaganda that

23
00:01:15.400 --> 00:01:19.879
was worse. So I kind of
thought that knowing stuff is important and it

24
00:01:19.959 --> 00:01:25.000
probably leads to better actions. And
I thought that my entire life. And

25
00:01:25.079 --> 00:01:29.680
so when at some point I had
this crisis of conscience a few years ago

26
00:01:29.680 --> 00:01:32.760
and thought about what I want to
care about next, what I want to

27
00:01:32.760 --> 00:01:37.040
work on next, that seemed like
a good idea. Right, the stuff

28
00:01:37.079 --> 00:01:41.159
we're all consuming is becoming worse.
Yeah, nobody seems to be talking about

29
00:01:41.159 --> 00:01:44.400
it, or if they're talking about
it, they're all trying to come up

30
00:01:44.400 --> 00:01:48.719
with some villain to blame for this, which is typically not why bad stuff

31
00:01:48.760 --> 00:01:52.719
happens in the entire world all at
once. It's usually not a villain,

32
00:01:53.079 --> 00:01:57.079
it's something and the evolution of content
has gone wrong essentially. Yeah, that's

33
00:01:57.079 --> 00:02:00.519
that's actually really interesting, and so
I guess, yeah, the one head,

34
00:02:00.680 --> 00:02:02.439
it's like our brains wanted to jump
to and say, oh, it's

35
00:02:02.480 --> 00:02:06.359
it's this person or this country's or
this idea's fault. But but you're kind

36
00:02:06.400 --> 00:02:09.240
of saying that we're seeing at the
same time just the rise and I'm like

37
00:02:09.319 --> 00:02:13.039
visualizing in my head, right,
just the writhing piles of paper or trash,

38
00:02:13.120 --> 00:02:15.719
right, that just kind of like
piles around us. But it's funny

39
00:02:15.759 --> 00:02:19.039
that digitally we we yes, like
people may not think about that idea,

40
00:02:19.159 --> 00:02:21.879
right, like that there's so much
that's kind of around us all the time.

41
00:02:21.879 --> 00:02:23.960
But you know, I think people
might we definitely recognize, like do

42
00:02:24.039 --> 00:02:25.960
we all feel busier all the time? And I think part of it too,

43
00:02:27.039 --> 00:02:30.280
is like our attention is always grabbed, being pulled towards different little you

44
00:02:30.319 --> 00:02:32.240
know, whatever blips and blaps of
our phone or emails. But most of

45
00:02:32.280 --> 00:02:35.199
the time, I think, to
your point, it's a lot of junk,

46
00:02:35.280 --> 00:02:38.120
right, like the reason we have
a spammer junk filter in our email.

47
00:02:38.159 --> 00:02:39.439
But beyond that too, like how
do we know what we're consuming?

48
00:02:39.479 --> 00:02:43.120
So uh, I'm curious to you
have to kind of get get your perspective

49
00:02:43.159 --> 00:02:46.039
on this too, because like,
as we've gone in like deeper deeper into

50
00:02:46.039 --> 00:02:47.599
the digital realm, and we're not
going to come out of that like back

51
00:02:47.639 --> 00:02:52.759
to back to paper or something else
that's more analog entirely. You know,

52
00:02:52.919 --> 00:02:55.120
has as we see have you seen
like people's kind of perception about this like

53
00:02:55.319 --> 00:02:59.199
shift in terms of like do they
feel like they're getting more junk now than

54
00:02:59.240 --> 00:03:02.280
we had before? Like is it
something qualitatively different? I guess about like

55
00:03:02.319 --> 00:03:06.840
the kind of junk that we're seeing
than twenty years ago. I mean,

56
00:03:07.039 --> 00:03:09.039
you can both quantify it and look
at it qualitatively, right, So we

57
00:03:09.080 --> 00:03:14.680
tried to quantify it recently by hiring
the Harris Polling Company to do a poll.

58
00:03:14.800 --> 00:03:16.960
And one of the questions they asked
is are you spending more time than

59
00:03:17.000 --> 00:03:21.719
you did five years ago reading the
news? And more than eighty percent of

60
00:03:21.759 --> 00:03:24.000
people said yes. Interesting, And
they asked, okay, do you have

61
00:03:24.039 --> 00:03:28.000
more confidence than you did five years
ago that you know what is true?

62
00:03:28.919 --> 00:03:31.520
And most people said no. Then, so people are spending more time and

63
00:03:31.560 --> 00:03:36.280
they know less and they are certain
of less, and they find it harder

64
00:03:36.319 --> 00:03:39.120
to figure out what is true.
So quantitatively, that's happening all around us

65
00:03:39.280 --> 00:03:44.199
now. Qualitatively we are noticing this. Right when you see CNN publish an

66
00:03:44.280 --> 00:03:46.919
article with a title like stop what
you're doing and watch your slefant play with

67
00:03:46.960 --> 00:03:52.560
bubbles, that's an actual see in
an article, right you realize in your

68
00:03:52.639 --> 00:03:59.520
childhood this wasn't the thing, and
see that stuff pass editorial review in the

69
00:04:00.080 --> 00:04:03.000
you know, Cayble News Network in
the nineties. So something is new,

70
00:04:03.080 --> 00:04:08.759
something is happening here. It's happening
gradually, but it's now reached this kind

71
00:04:08.800 --> 00:04:12.080
of monstrous proportion. Where by the
way, you mentioned spam filter. One

72
00:04:12.120 --> 00:04:15.879
of the questions we asked was do
you think there's a need for a spam

73
00:04:15.920 --> 00:04:20.040
filter on the endternet? And eighty
nine percent said yes, I would agree

74
00:04:20.040 --> 00:04:23.680
with that. Yeah, that's an
interesting question. So it's like part of

75
00:04:23.680 --> 00:04:26.639
it is we might have a filter
problem. But then I think you know,

76
00:04:26.639 --> 00:04:30.560
as you know there too, like
what used to not pass editorial content

77
00:04:31.439 --> 00:04:35.000
walls now seems to do that,
right? Is that part because we've seen

78
00:04:35.040 --> 00:04:38.879
like I don't know, business model
shift, you know, from from tech

79
00:04:39.079 --> 00:04:43.279
advertising and things like that in terms
of like what or like why we're getting

80
00:04:43.279 --> 00:04:46.279
so much content, Like like why
in your experience have we seen that shift

81
00:04:46.279 --> 00:04:48.319
happening, like in terms of we're
getting more stuff that wouldn't pass, you

82
00:04:48.360 --> 00:04:51.240
know, twenty years ago. So
there's a few reasons, but I think

83
00:04:51.279 --> 00:04:56.480
the big one it's not that the
business model changed. It's that we actually

84
00:04:56.480 --> 00:05:00.600
became better at implementing the business model
we already had. So starting from let's

85
00:05:00.600 --> 00:05:04.120
say two thousand and three or so, we became really really good at tracking

86
00:05:04.160 --> 00:05:09.519
how ads perform. We can now
track every impression, every click, every

87
00:05:09.519 --> 00:05:15.000
single thing. And there's no longer
this consumption of a packaged good called and

88
00:05:15.319 --> 00:05:18.079
daily issue of something where you have
a whole bunch of articles at once,

89
00:05:18.360 --> 00:05:23.600
every article fence for itself, and
it's all judged by this perfect tracking on

90
00:05:24.000 --> 00:05:28.800
how ads on that article perform.
And once you have that combination, now

91
00:05:28.959 --> 00:05:31.839
suddenly there is just no incentive to
produce anything other than clicks and views.

92
00:05:32.199 --> 00:05:35.319
So you have a single selective pressure. You're an evolution guy, so you

93
00:05:35.399 --> 00:05:40.839
understand what that leads to, right. It all leads towards all content evolving

94
00:05:40.879 --> 00:05:45.319
over time towards that thing, regardless
of what the intentions of the people creating

95
00:05:45.360 --> 00:05:48.120
it are so if the intentions are
good that it doesn't matter. The ones

96
00:05:48.120 --> 00:05:51.399
who have bad intentions probably outperformed the
ones who have good intentions in the long

97
00:05:51.480 --> 00:05:55.959
run. For as to say,
for a better offit worse, we're probably

98
00:05:55.959 --> 00:05:59.040
just for worse, right, Yep, that's but yes, I think I

99
00:05:59.079 --> 00:06:01.240
think that's a great point too,
in a great view of like the incentive

100
00:06:01.240 --> 00:06:05.120
structure of just the business model getting
better, we're going to see than the

101
00:06:05.160 --> 00:06:09.759
pressure kind of push us in one
direction. So as you think about that,

102
00:06:09.800 --> 00:06:12.600
like, I think there's I mean, I think a ton of directions

103
00:06:12.600 --> 00:06:15.879
that I want to explore here,
but like to keep us like moving in

104
00:06:16.079 --> 00:06:18.199
this one for now, like thinking
about this idea of like, as we're

105
00:06:18.199 --> 00:06:21.399
seeing this explosion of this kind of
content and we have this pressure that's basically

106
00:06:21.399 --> 00:06:27.759
just trying to feed this one algorithm, Like how can we I guess in

107
00:06:27.839 --> 00:06:30.800
one hand, like think about sort
of shifting that model, right, you

108
00:06:30.800 --> 00:06:32.519
know, and this could be kind
of work you're doing with other web but

109
00:06:32.600 --> 00:06:36.920
just also thinking that just like how
do we I guess? Are like in

110
00:06:36.959 --> 00:06:40.279
addition to yourself, are we seeing
other people kind of ask this question and

111
00:06:40.319 --> 00:06:42.399
say, hey, hold on,
like, there's just a lot coming at

112
00:06:42.439 --> 00:06:45.399
me all the time. We should
ask about how we think about sources and

113
00:06:45.439 --> 00:06:48.600
like what's what's actually moving in this
way, like what it looks like to

114
00:06:48.639 --> 00:06:51.000
you. So there's a lot of
people ask him the same question, and

115
00:06:51.040 --> 00:06:55.519
they are all coming up with different
solutions. So I have some reasons why

116
00:06:55.519 --> 00:06:59.000
I think mine is best, right, But in reality, you have a

117
00:06:59.000 --> 00:07:01.600
lot of companies like use Guard that
are basically saying which sources are good,

118
00:07:01.839 --> 00:07:05.519
and all they do is kind of
the JD Power approach which works in automotive.

119
00:07:05.639 --> 00:07:09.600
They apply it here. Just the
rank sources, give them some number

120
00:07:09.600 --> 00:07:13.519
of stars, publish annual rankings,
things like that. The problem I see

121
00:07:13.560 --> 00:07:16.720
with that approach as it's basically spreadsheet
level filtering. Right, So first of

122
00:07:16.720 --> 00:07:20.000
all, you're assuming that all sources
are consistent. But what is substack?

123
00:07:20.079 --> 00:07:25.040
Is substack good or bad? Question? It's both. There's a huge variance

124
00:07:25.040 --> 00:07:27.879
there, right, But Okay,
what is the Washington Examiner? Is it

125
00:07:27.879 --> 00:07:30.759
good or bad? Seems to me
like the news articles are good, the

126
00:07:30.839 --> 00:07:33.800
op eds kind of suck, right, So there's a lot of variance even

127
00:07:33.839 --> 00:07:39.199
within that in itself. So that's
one approach and I have my columns with

128
00:07:39.240 --> 00:07:42.040
it, but it's good that it
exists that people are working on it.

129
00:07:42.199 --> 00:07:46.560
Then there's the Tristan Harris approach of
just going to Facebook and saying please be

130
00:07:46.639 --> 00:07:50.519
nice. And I'm sure that there's
some value in that. It's creating this

131
00:07:50.639 --> 00:07:56.560
sort of public pressure to not be
evil, to use a Google slogan for

132
00:07:56.720 --> 00:08:01.240
years past, right, But I
don't know that that works when it collides

133
00:08:01.319 --> 00:08:05.439
with the c Corps fiduciary duty to
maximize the older value. It seems like

134
00:08:05.560 --> 00:08:11.079
being nice if you're a company that
makes money from ads is kind of it

135
00:08:11.120 --> 00:08:16.560
goes against what makes you money and
what you're supposed to do as an executive.

136
00:08:16.600 --> 00:08:18.759
So I'm not sure that's going to
work in the long run. So

137
00:08:18.839 --> 00:08:22.560
our approach has been for as long
as this is the ecosystem we are in.

138
00:08:24.319 --> 00:08:28.319
We want to create some sort of
penalty for bad content, so we

139
00:08:28.360 --> 00:08:31.720
want to help people select good content. And when people select good content,

140
00:08:33.039 --> 00:08:37.360
the secondary consequence is that they're not
selecting bad content, and therefore people creating

141
00:08:37.360 --> 00:08:43.159
bad content get penalized less people see
them. Now, this will only become

142
00:08:43.639 --> 00:08:48.919
really meaningful when we become really large, or if one hundred more other webs

143
00:08:48.960 --> 00:08:52.399
come up and do the same thing, and then all the people who consume

144
00:08:52.879 --> 00:08:56.440
content through something like this will basically
filter the bad stuff out. Bad stuff

145
00:08:56.480 --> 00:09:03.000
gets pinalized, air go less incentive
to produce it. Now it could be

146
00:09:03.120 --> 00:09:07.200
less binary. So I see a
future in which it's not just filtered out

147
00:09:07.279 --> 00:09:11.080
or not filtered out, but in
which we can go to ad networks or

148
00:09:11.080 --> 00:09:16.320
advertisers and say, here's how you
evaluate how each article would score. Give

149
00:09:16.519 --> 00:09:22.320
that to advertisers, or if you're
an advertiser, yourself scale how much you're

150
00:09:22.360 --> 00:09:24.159
willing to pay for an ad or
for a click or for a view on

151
00:09:24.559 --> 00:09:30.279
this content, right, and that
would create a real kind of sliding scale

152
00:09:30.440 --> 00:09:33.960
incentive for people to produce better content
than they otherwise would have. It's like

153
00:09:33.960 --> 00:09:37.080
like provide And that's the interesting idea
though, because it's like providing a scale

154
00:09:37.120 --> 00:09:41.879
of like what would be worth for
them monetary value of based on like how

155
00:09:41.960 --> 00:09:46.279
how I guess? I mean.
The question that naturally comes to mind then

156
00:09:46.360 --> 00:09:48.639
is like, how are we thinking
about what makes good and bad content?

157
00:09:48.080 --> 00:09:52.639
Right? Like if it's a one
handed filter? But then also like how

158
00:09:52.639 --> 00:09:58.159
can we determine these ideas like beyond
a qualitative opinion, like a clickbait comes

159
00:09:58.200 --> 00:10:00.759
to mind, is like a topic
that doesn't actually tell you anything article itself,

160
00:10:00.799 --> 00:10:03.000
you know, But like what makes
something good or bad in this context?

161
00:10:03.320 --> 00:10:05.960
It's a tough question. I've talked
to a bunch of people with degrees

162
00:10:05.960 --> 00:10:11.960
in philosophy and they don't agree with
each other, right, But yeah,

163
00:10:11.000 --> 00:10:16.000
in general, I would say that
good content is content that serves its stated

164
00:10:16.039 --> 00:10:18.519
purpose. To the degree that something
does, it's good, right, And

165
00:10:18.559 --> 00:10:22.919
you can basically rank content along how
well does it serve the purpose. So

166
00:10:22.960 --> 00:10:26.639
when I look at news, it's
supposed to inform you about what happened,

167
00:10:28.200 --> 00:10:31.440
right, So to the degree that
it informs you, it's good. To

168
00:10:31.519 --> 00:10:35.120
the degree that it tries to persuade
you without actually giving you new information,

169
00:10:35.240 --> 00:10:39.080
it's probably not so good. Right. So, if you look at how

170
00:10:39.080 --> 00:10:43.519
we rank content, it tends to
track pretty well with your impression of how

171
00:10:43.559 --> 00:10:46.159
informative versus opinionated this thing is interesting, okay, Right, But then if

172
00:10:46.159 --> 00:10:50.200
you're looking at opinion content, obviously
it's not supposed to be purely informative.

173
00:10:50.240 --> 00:10:54.799
It's supposed to be opinionated and controversial
in all those things. So You're probably

174
00:10:54.840 --> 00:11:00.720
going to grade it based on how
interesting it is or how much it stimulates

175
00:11:00.720 --> 00:11:05.240
your gray matter, that kind of
thing. So every type of content is

176
00:11:05.240 --> 00:11:09.120
going to have its own criteria.
Now how do you rank it? That

177
00:11:09.200 --> 00:11:13.279
in itself is a hard question.
Even once you know what the criteria are,

178
00:11:13.000 --> 00:11:16.919
how exactly do you rank content?
Our approach to it has been,

179
00:11:16.120 --> 00:11:20.000
at least in the news department,
we basically say, what are all the

180
00:11:20.039 --> 00:11:24.559
bad things we know how to detect? Your score is going to be one

181
00:11:24.600 --> 00:11:28.919
hundred minus adding up all the bad
things. A clickbait is an example you

182
00:11:28.960 --> 00:11:33.440
mentioned. That's one of the things
that we detect, and if the headline

183
00:11:33.480 --> 00:11:37.279
has clickbait, you lose something like
five points, and then over time we

184
00:11:37.399 --> 00:11:41.279
just add up all the penalties.
Cool is that? Is that that list

185
00:11:41.279 --> 00:11:43.559
of bad things? Is this kind
of an open source list or is this

186
00:11:43.600 --> 00:11:48.480
kind of a trade trade? Each
one of those models is source available,

187
00:11:48.559 --> 00:11:50.200
so which basically means you can look
at it, you can test that,

188
00:11:50.200 --> 00:11:56.759
you can't reuse it at open source
and in general, you can see a

189
00:11:56.799 --> 00:12:01.440
nutrition label next to each article in
our platform, which includes most of these

190
00:12:01.480 --> 00:12:03.440
outputs. Some of them are not
their row outputs, but with some additional

191
00:12:03.480 --> 00:12:07.879
processing. There's also source available,
right, But that was the general idea

192
00:12:07.919 --> 00:12:11.679
that you can see kind of what
we ran. In fact, you can

193
00:12:11.720 --> 00:12:15.960
see some things there that don't actually
end up in the big score. So

194
00:12:16.559 --> 00:12:18.679
yeah, if the article has affiliate
links, I don't know whether I should

195
00:12:18.720 --> 00:12:22.960
penalize it or not, but I
think you want to know about it,

196
00:12:22.120 --> 00:12:26.679
yeah, because if you're using it
basically as a product endorsement, you should

197
00:12:26.679 --> 00:12:28.559
probably take it with a grain of
salt. If you're just looking at it

198
00:12:28.600 --> 00:12:33.759
to figure out which new laptops came
out this year, then you don't care

199
00:12:33.840 --> 00:12:35.960
that it has affiliate lengths. It's
still good for you, right, So

200
00:12:35.000 --> 00:12:37.759
it depends on your purpose. It
seems like that's the kind of part of

201
00:12:37.799 --> 00:12:41.519
the work of kind of retraining or
thinking around around getting rid of Junker.

202
00:12:41.559 --> 00:12:46.360
Being smarter or mindful about how you
consume. Is understanding kind of user intent

203
00:12:46.360 --> 00:12:48.840
also, or like you're helping users
recognize what their intent is. We're looking

204
00:12:48.919 --> 00:12:50.879
for for some content, right,
Because if I you're right, if I'm

205
00:12:50.879 --> 00:12:54.720
looking for the best laptops I came
out this year, I'm actually happy to

206
00:12:54.720 --> 00:12:56.279
have links, right because I can
go there and find where to buy them

207
00:12:56.360 --> 00:13:01.559
versus you know, if it doesn't
show me so is that kind of part

208
00:13:01.600 --> 00:13:03.159
of the model. But if you're
trying to select which one is the best

209
00:13:03.159 --> 00:13:05.679
one, then that's probably a bad
article for you, right because all I

210
00:13:05.759 --> 00:13:09.399
did was copypaste the marketing materials from
the manufacturers. That's a good point too.

211
00:13:09.480 --> 00:13:13.120
Yeah, So I guess do you
do you write that kind of or

212
00:13:13.159 --> 00:13:15.240
do you kind of check for that
that type of thing, or you can

213
00:13:15.240 --> 00:13:20.399
see the articles actually just doing that, like pulling press releases. Well,

214
00:13:20.480 --> 00:13:24.679
so we definitely see that. I
wouldn't even think that we need to penalize

215
00:13:24.679 --> 00:13:26.840
for that because at that point we
don't know the users intent. So what

216
00:13:26.879 --> 00:13:31.480
we can do is we can help
users kind of structure their feed the way

217
00:13:31.480 --> 00:13:35.080
they want. And here I don't
know that I can define how to even

218
00:13:35.120 --> 00:13:39.000
ask the user a direct question what
do you want and then adjust their feed

219
00:13:39.080 --> 00:13:41.960
based on that. So I just
try to give the user as many knobs

220
00:13:41.960 --> 00:13:46.639
as possible. So actually, if
you go to our advanced customizations, you're

221
00:13:46.639 --> 00:13:50.240
going to see a lot of things
that kind of look bizarre. We even

222
00:13:50.279 --> 00:13:54.440
classify every article based on which emotion
it's most likely to evoken the reader.

223
00:13:54.879 --> 00:13:58.279
And then allow you to customize how
much of each emotion you'd like to get

224
00:13:58.320 --> 00:14:01.080
from your feet interesting, and we
try to detect that automatically and adjusted,

225
00:14:01.120 --> 00:14:05.919
but then you can go and override
everything we detected automatically because we don't believe

226
00:14:05.960 --> 00:14:09.759
in black boxes. Yeah, I
think like that's the question of transparency.

227
00:14:09.799 --> 00:14:11.759
I think is has become so important
right as we to go back to your

228
00:14:11.759 --> 00:14:16.559
hair's poll point above, like that
we read more, but we like trust

229
00:14:16.600 --> 00:14:18.840
less right that the more kind of
we consume, and some part of that

230
00:14:18.879 --> 00:14:22.320
too is recognizing what's coming at us. But then also to this point of

231
00:14:22.360 --> 00:14:26.039
like can we see how and why
it's coming at us right now? Can

232
00:14:26.080 --> 00:14:28.120
I what role of control do I
have? And that I think it's really

233
00:14:28.159 --> 00:14:31.360
interesting point. I'm curious like as
you think about like both data, like

234
00:14:31.399 --> 00:14:35.879
do you see like patterns of behavior
emerge that are interesting, Like in terms

235
00:14:35.919 --> 00:14:39.759
of you see a lot of people
pre selecting for happiness or like they're they're

236
00:14:39.799 --> 00:14:41.600
like are they are? They are
they not selecting for emotion? But then

237
00:14:41.639 --> 00:14:46.320
it turns out we see like a
you know, a likelihood or a preponderance

238
00:14:46.360 --> 00:14:52.360
of of like I don't know slightly
enraging articles pop up as people click through

239
00:14:52.399 --> 00:14:54.799
or something. You know. Yeah, I think the sad thing that I'm

240
00:14:54.840 --> 00:14:56.840
seeing for the most part is the
most most people, even if they find

241
00:14:56.840 --> 00:15:01.159
the configurations, don't use them.
They just use it default. So,

242
00:15:01.279 --> 00:15:03.440
you know, I wish I could
change that, but it's really hard to

243
00:15:03.440 --> 00:15:07.559
get users to change the default.
So we have this parallel track in our

244
00:15:07.600 --> 00:15:13.080
mind where we want to give users
all the controls that they might ever want

245
00:15:13.120 --> 00:15:16.320
to have, but at the same
time, we have to spend most of

246
00:15:16.320 --> 00:15:20.799
our efforts tuning the defaults because that's
what most users are going to end up

247
00:15:20.039 --> 00:15:24.519
using. Now, I wanted to
mention one other thing based on what you

248
00:15:24.559 --> 00:15:28.759
said earlier, which is that there
is probably a nefarious element here of what

249
00:15:28.840 --> 00:15:33.759
you call the single algorithm. Right, The vast majority of social media and

250
00:15:33.840 --> 00:15:39.000
other media companies out there right now
are essentially tuning everything for maximum engagement.

251
00:15:39.360 --> 00:15:43.360
Right. They want to get you
more engaged, they want you to spend

252
00:15:43.399 --> 00:15:46.039
more time on site, they want
to share more, to reply more,

253
00:15:46.080 --> 00:15:50.639
etc. Now, engagement is something
they get out of you, it's not

254
00:15:50.799 --> 00:15:54.399
value that they give to you,
right, And so if users are feeling

255
00:15:54.440 --> 00:15:58.200
like they're spending more time and they're
getting less in return. It's not accidental.

256
00:16:00.279 --> 00:16:03.559
That's exactly what the algorithm has been
tuned for to get as much as

257
00:16:03.639 --> 00:16:06.720
possible out of you, and how
much it gives you in return. This

258
00:16:07.039 --> 00:16:11.039
kind of beside the point, right, and therefore it kind of gets kewed

259
00:16:11.039 --> 00:16:14.039
in one direction. So I think
as a user, you always have to

260
00:16:14.039 --> 00:16:18.120
be cognizant that this thing wants something
from you, but you're not here to

261
00:16:18.200 --> 00:16:22.000
give the thing what it wants.
You're here to get value, right,

262
00:16:22.039 --> 00:16:26.200
and you're optimizing for something that is
the opposite of the algorithm. From that

263
00:16:26.279 --> 00:16:30.639
perspective, any algorithm that is a
black box is already bad for you,

264
00:16:30.159 --> 00:16:34.440
right. You want an algorithm that's
maximally tunable because then you at least have

265
00:16:34.480 --> 00:16:37.240
a chance to get some value out
of it. If it's not tunable at

266
00:16:37.240 --> 00:16:41.480
all, then you've lost the battle
already. That's a super important point.

267
00:16:41.879 --> 00:16:44.879
And it is always like one of
those back and forth challenges like working in

268
00:16:44.919 --> 00:16:48.360
user experience. Right, in an
experience design that you want to give the

269
00:16:48.440 --> 00:16:51.360
user a sense of both control in
terms of like what they what parameters they

270
00:16:51.360 --> 00:16:52.919
may want to use. But then
you know this is a good example where

271
00:16:53.519 --> 00:16:57.000
they either only use so much ago
for the default, but then also but

272
00:16:57.159 --> 00:17:02.879
this fundamental point is great where it's
like, engagement is not about me as

273
00:17:02.919 --> 00:17:04.920
the user, right, it's about
me serving an organization which feels weird.

274
00:17:04.920 --> 00:17:07.119
And I mean that's a great way
to like define this idea. I was

275
00:17:07.160 --> 00:17:12.200
talking with a documentarian David Donnelly a
few episodes ago about kind of the price

276
00:17:12.240 --> 00:17:15.799
of like convenience rather the cost of
convenience for this kind of like algorithmic software,

277
00:17:15.799 --> 00:17:18.039
and this is a it's a good
one here where it's like there's the

278
00:17:18.039 --> 00:17:22.599
the emotional social media challenge point,
but then there's other side here that that

279
00:17:22.640 --> 00:17:26.119
you're saying to which is really important
to recognize that like what I'm getting out

280
00:17:26.160 --> 00:17:30.359
of my typical news media consumption is
incidental to what they're actually doing getting out

281
00:17:30.359 --> 00:17:32.799
of me, which is you know, my engagement, my clicks looking through

282
00:17:32.839 --> 00:17:36.680
ads and things like that. That's
that's a that's a great point too to

283
00:17:36.680 --> 00:17:40.640
think about. And so as as
you approach that is this like when we're

284
00:17:41.119 --> 00:17:42.920
kind of giving users between those two, its like of like you know,

285
00:17:44.160 --> 00:17:48.480
as many options as they might ever
need versus like tuning that that default you

286
00:17:48.519 --> 00:17:52.799
know, I've got thinking about this, I guess in in the of the

287
00:17:52.920 --> 00:17:56.119
broader question of like how do we
move towards what we feel is kind of

288
00:17:56.160 --> 00:18:00.200
like ethical technology right now? Theical
technology development, you know, because it

289
00:18:00.200 --> 00:18:03.920
sounds on one hand like there's the
Tristan Harris model and all tech is human

290
00:18:03.000 --> 00:18:07.079
kind of approach, which sounds nice
and humanistic because on one hand it is

291
00:18:07.160 --> 00:18:11.039
right. But then there's this other
side here of like, okay, but

292
00:18:11.720 --> 00:18:15.480
how are we actually making and deploying
ethical technology or ethics into our technology itself

293
00:18:17.359 --> 00:18:18.319
and for people to access? And
so I'm curious, like how you think

294
00:18:18.319 --> 00:18:22.200
about this idea of like and I
regize I'm putting the word ethics into this

295
00:18:22.240 --> 00:18:25.759
conversation, but just like, I'm
curious how you approach that idea of developing

296
00:18:26.000 --> 00:18:27.519
technology for people. I mean,
if you see the wall behind me and

297
00:18:27.559 --> 00:18:30.240
the bookshelf behind me, you see
the word ethics appear many times in many

298
00:18:30.240 --> 00:18:34.000
places. I care about the subject
deeply. I don't know that you can

299
00:18:34.160 --> 00:18:37.640
put that as a parallel track.
I mean, we tried in some sounds,

300
00:18:37.680 --> 00:18:41.559
we registered ourselves as a public benefit
corporation to have this parallel track of

301
00:18:41.960 --> 00:18:45.920
we have a mission that we're trying
to maximize and we're trying to make money,

302
00:18:45.240 --> 00:18:48.200
and we are not forced to choose
just one and not the other.

303
00:18:48.400 --> 00:18:52.680
Right, we can maximize both,
But most companies aren't like that. So

304
00:18:52.759 --> 00:18:56.079
I guess my first answer would be, let's try to maximize the number of

305
00:18:56.119 --> 00:19:00.799
public benefit corporations in the US instead
of just sea corps, because a sea

306
00:19:00.839 --> 00:19:04.559
corp is a very limited structure.
If even if an executive really wants to

307
00:19:04.599 --> 00:19:10.440
be ethical, sometimes it goes against
their fiduciary duty and they might get sued

308
00:19:10.440 --> 00:19:14.519
by doing the ethical thing. So
that's one answer. The other one,

309
00:19:14.599 --> 00:19:19.079
which I guess is more higher level
abstract, is that incentives drive everything,

310
00:19:19.680 --> 00:19:26.319
and every time you try to regulate
something against the incentives of the population,

311
00:19:26.000 --> 00:19:30.119
regulation fails. In some sense,
it becomes a corrupt system because now all

312
00:19:30.160 --> 00:19:34.119
you need to do is maximize your
incentives, and they then buy the regulators

313
00:19:34.119 --> 00:19:37.160
with the money you just made.
So that's what we see in a lot

314
00:19:37.160 --> 00:19:41.720
of different industries, and I think
the solution to that is to just think

315
00:19:41.759 --> 00:19:45.920
through the incentives, think through the
selective pressures that we are creating for this

316
00:19:45.079 --> 00:19:51.799
population of people and population of information. Meames for lack of a better term,

317
00:19:52.039 --> 00:19:56.279
and try to optimize that because ultimately
that's what's going to happen, whether

318
00:19:56.319 --> 00:20:00.240
you'll legislate against it or not.
Yeah, that's true. I guess here,

319
00:20:00.440 --> 00:20:03.960
like the social often will structure,
but then follow the incentives, right

320
00:20:03.039 --> 00:20:06.759
and then and then whether or not
you like set up rules in that place

321
00:20:07.240 --> 00:20:08.720
in front of those, it's going
to then either find a way around.

322
00:20:08.799 --> 00:20:14.759
And people are ultimately really good at
convincing themselves that they're doing the right thing

323
00:20:15.119 --> 00:20:18.759
when they're doing what benefits them,
right, And so nobody just or at

324
00:20:18.839 --> 00:20:22.119
least very few people set out with
I'm going to do the bad thing and

325
00:20:22.160 --> 00:20:25.200
make a lot a lot of money, right. No, yeah, hopefully

326
00:20:25.279 --> 00:20:30.359
that they first they're following the path
that seems to make a lot of money

327
00:20:30.400 --> 00:20:33.000
for them, right, and then
time up they come up with the reason

328
00:20:33.039 --> 00:20:37.960
of why this is amazing and it's
actually the good thing and the ethical thing,

329
00:20:37.079 --> 00:20:41.720
right, don't do evil connecting the
world. We see that with every

330
00:20:41.759 --> 00:20:45.680
company, right, they all have
good missions and then they just make a

331
00:20:45.680 --> 00:20:48.079
bunch of money and yeah, but
they still believe in the mission. It's

332
00:20:48.119 --> 00:20:52.200
not like they just scratched that and
throw it out. It's just somehow the

333
00:20:52.240 --> 00:20:56.079
mission morphs into whatever happens to make
the most money. Yeah, that's interesting,

334
00:20:56.079 --> 00:20:57.079
I mean, and so how are
you thinking about that? I guess

335
00:20:57.160 --> 00:21:00.319
like as other web is growing,
I think you have over four million users

336
00:21:00.359 --> 00:21:03.960
now, right, and like how
are you getting close to ten? See

337
00:21:04.000 --> 00:21:07.400
my name is that to day?
So there you go. So that's amazing,

338
00:21:07.480 --> 00:21:07.960
you know. And so it's like, how do you think about that

339
00:21:08.079 --> 00:21:12.240
as you scale, like both having
the mission in play and then and then

340
00:21:12.359 --> 00:21:18.440
kind of keeping that So one way
as again the public benefit corporation, right,

341
00:21:18.519 --> 00:21:21.799
the other one is the source available
right. Both of these are essentially

342
00:21:21.880 --> 00:21:26.240
ways to bind our future selves and
two so that if in the future we

343
00:21:26.319 --> 00:21:32.160
have the incentive to more for mission
into something slightly less beneficial, it's going

344
00:21:32.240 --> 00:21:36.480
to be harder for us. Right. So that's I guess the best I

345
00:21:36.480 --> 00:21:40.279
can do at the company level.
Now. One other thing to kind of

346
00:21:40.279 --> 00:21:45.599
consider here is that everything that we
discussed so far, and I'm sorry if

347
00:21:45.599 --> 00:21:48.559
this is going to explode the discussion, right, but everything we discussed so

348
00:21:48.640 --> 00:21:56.000
far maybe temporary because we're getting really
close to this inflection point where AI models

349
00:21:56.799 --> 00:22:00.799
are as good at writing as the
best humans. Yeah. Right, it's

350
00:22:00.839 --> 00:22:04.519
basically like chess circa nineteen ninety seven. Right, Deep Blue is just about

351
00:22:04.519 --> 00:22:10.359
to beat casparav And the moment that
happens, all the incentives that we just

352
00:22:10.359 --> 00:22:14.839
discussed they changed a lot, and
it's probably going to be pretty binary.

353
00:22:14.839 --> 00:22:18.160
It's not going to be gradual,
right, there's just a magical moment in

354
00:22:18.240 --> 00:22:22.039
time at which the work of sitting
down and writing an article becomes worth zero

355
00:22:22.079 --> 00:22:26.960
dollars. A scary prospect, I
think, but that's interesting, Yeah,

356
00:22:26.160 --> 00:22:29.880
it is. Right now, it's
still really hard to find facts to write

357
00:22:29.920 --> 00:22:32.960
about, and it's still really hard
to figure out what will people care about

358
00:22:33.039 --> 00:22:36.799
that I should actually write about.
Right, both of these decisions are probably

359
00:22:36.839 --> 00:22:40.839
still human for a while, right, AI models can't go to a garage

360
00:22:40.839 --> 00:22:42.160
and talk to Deep Throat and figure
out what our gate, Right, it

361
00:22:42.240 --> 00:22:47.119
has to be humans. But once
you have a set of fact, it

362
00:22:47.160 --> 00:22:49.680
doesn't need to be written down by
humans anymore. It can be just documented

363
00:22:49.880 --> 00:22:53.319
in shorthand or filled out in a
spreadsheet somewhere, right. Yeah, And

364
00:22:53.359 --> 00:22:57.920
then after that, the act of
writing itself seems like a very well defined,

365
00:22:59.079 --> 00:23:02.480
well bound task. So once that
happens, a lot of what we

366
00:23:02.640 --> 00:23:07.079
just discussed might change a lot,
because do you really need this many people

367
00:23:07.160 --> 00:23:12.640
writing stuff? Do you really need
publications that package many written articles together and

368
00:23:12.720 --> 00:23:18.839
call it a daily issue? That
already seems questionable even since the Internet started,

369
00:23:18.880 --> 00:23:22.880
because nobody's reading daily issues anymore.
People are consuming one article at a

370
00:23:22.960 --> 00:23:26.759
time, so the whole idea of
a publication is kind of pass a already.

371
00:23:26.000 --> 00:23:30.039
People are just picking specific articles from
Twitter. Right, But do you

372
00:23:30.079 --> 00:23:36.319
need Twitter in this world? Right? In a world where writing is free,

373
00:23:36.720 --> 00:23:40.920
Why can't something just be written for
you on demand with a target audience

374
00:23:40.960 --> 00:23:45.960
of n equals one? Why do
you need a bunch of written things that

375
00:23:47.240 --> 00:23:51.640
have each been read by eighty eighty
thousand different people, right, and you

376
00:23:51.720 --> 00:23:55.160
just need an algorithm that selects the
ones that you might like. Why not

377
00:23:55.240 --> 00:23:56.839
just have it written for you?
It costs zero dollars to do that?

378
00:23:57.400 --> 00:24:02.160
Right? And so the this is
why you asked me before we started about

379
00:24:02.200 --> 00:24:06.279
our new news concierge. That's the
first kind of prototype towards doing something like

380
00:24:06.319 --> 00:24:10.559
this, writing for you on demand
whilstill you know, being trustful about the

381
00:24:10.559 --> 00:24:14.880
facts and not just inventing stuff you
might like like some other companies might do.

382
00:24:15.200 --> 00:24:18.240
Yeah, but that's the general direction. And I don't know how this

383
00:24:18.279 --> 00:24:21.640
affects the incentives of everybody here.
I can only guess. Yeah, that's

384
00:24:21.640 --> 00:24:26.559
a great question too. Yeah,
And it's it's like we are at that

385
00:24:26.680 --> 00:24:30.799
interesting inflection point right where we're we've
seen like now we've been you know,

386
00:24:30.960 --> 00:24:33.720
a year and a half with like
CHATGBT in consumer mindset, you know,

387
00:24:33.920 --> 00:24:37.319
as a as a consumer facing product, And it's like, it's to your

388
00:24:37.359 --> 00:24:41.640
point because we have not seen the
hallucination question go away at all, right,

389
00:24:41.839 --> 00:24:45.599
in terms of like it still tends
to make up answers we've seen,

390
00:24:45.720 --> 00:24:49.839
like you know, there are products
trying to rectify some of that like perplexity

391
00:24:49.920 --> 00:24:52.319
right to like add in like their
sources as part of the search engine.

392
00:24:52.319 --> 00:24:56.880
But you make a good point too
in terms of like as a generative product,

393
00:24:56.640 --> 00:25:00.640
you know, how do we both
think about what content is created news

394
00:25:00.640 --> 00:25:03.880
already? Then? Also yet,
like when we get to a quality level

395
00:25:03.880 --> 00:25:04.960
of production, what might that look
like? So this is interesting. I

396
00:25:04.960 --> 00:25:08.160
mean, so in this case are
you talking about like, on the one

397
00:25:08.160 --> 00:25:11.759
hand, like there's the we can
talk about like the capacity to be able

398
00:25:11.839 --> 00:25:12.880
to chat with the news, right, is kind of the news concierge.

399
00:25:12.880 --> 00:25:15.240
But then there's the other side of
that, there's a content creation side to

400
00:25:15.359 --> 00:25:18.440
that that journalists are like, I
mean, could I guess questions, could

401
00:25:18.440 --> 00:25:23.160
anybody generate quote unquote the news from
other sources? Like when you think about

402
00:25:23.200 --> 00:25:26.799
that, the idea of making something
or talking with it. In some sense,

403
00:25:26.839 --> 00:25:30.480
I think journalists are serving two different
functions, right, They're trying to

404
00:25:30.519 --> 00:25:36.000
find things worth writing about and trying
to figure out which things are true and

405
00:25:36.079 --> 00:25:40.079
not true and which things should be
packaged together in a single story or not

406
00:25:40.599 --> 00:25:44.279
right, And then they are writing, And we are selecting as our journalists

407
00:25:44.319 --> 00:25:48.640
people who are in the intersection of
the Van diagram of these two skills that

408
00:25:48.799 --> 00:25:52.480
are completely different. Right, one
is basically a PI and the other one

409
00:25:52.720 --> 00:25:56.720
is a fiction writer. But we
are demanding that their journalists be both.

410
00:25:56.240 --> 00:26:00.839
Interuestion, should we or can we
make this job much easier by just hiring

411
00:26:00.880 --> 00:26:04.559
pis for the job of a journalist, right and saying, yeah, but

412
00:26:06.200 --> 00:26:08.599
your writing can be completely incoherent,
it can be dyslexic, it doesn't matter.

413
00:26:08.640 --> 00:26:11.359
As long as you can find the
facts, you're going to be a

414
00:26:11.359 --> 00:26:15.480
great journalist. And then there's this
magical black box which, when you feed

415
00:26:15.480 --> 00:26:19.160
the facts into it, is going
to write it really well and not hallucinate.

416
00:26:19.440 --> 00:26:23.279
Now, hallucination is an interesting topic
because it happens on two levels.

417
00:26:23.359 --> 00:26:29.400
Right. There's the level of the
larger language model itself, which basically,

418
00:26:29.400 --> 00:26:34.000
we train the system that looks at
sentences with a missing word and guesses the

419
00:26:34.039 --> 00:26:38.119
missing word. Right, That's what
we did, right, And then once

420
00:26:38.119 --> 00:26:41.519
you ask it to guess one thousand
words in a row and produce a thousand

421
00:26:41.519 --> 00:26:47.119
word article for you. The problem
is that the error compounds, and basically

422
00:26:47.160 --> 00:26:51.920
the level of error it makes in
the one thousands word is much larger because

423
00:26:52.400 --> 00:26:55.680
it's just assuming that all the previous
nine hundred ninety nine are correct, but

424
00:26:56.039 --> 00:26:59.599
each one of them had some sort
of error chance, right, So it's

425
00:26:59.599 --> 00:27:03.240
built in them allel itself. Now. The other problem is we then train

426
00:27:03.359 --> 00:27:06.079
this system on the entire Internet,
and most of the Internet is junk.

427
00:27:06.119 --> 00:27:08.319
We kind of start also fair,
right, So it learned a bunch of

428
00:27:08.319 --> 00:27:11.839
things that are just not true.
And I've caught Chadgipt giving me answers that

429
00:27:11.880 --> 00:27:17.559
are basically a part of somebody is
April's fool's joke right, which, Okay,

430
00:27:17.759 --> 00:27:19.839
one person said it, zero person
said the opposite. Therefore it's true

431
00:27:21.519 --> 00:27:25.440
that's how LOLM has learned. But
obviously that's not what you want from your

432
00:27:25.440 --> 00:27:30.000
news articles. So all of these
problems exist. But then the question is

433
00:27:30.079 --> 00:27:33.880
what if we start stop thinking about
it as generation, and we just started

434
00:27:33.920 --> 00:27:38.000
thinking about it as synthesis. Right, here's the data, now write it

435
00:27:38.079 --> 00:27:42.799
up in the best way without adding
anything of your own. It seems like

436
00:27:42.839 --> 00:27:45.480
we already have the tech to do
this. In fact, we already have

437
00:27:45.519 --> 00:27:52.079
the tech to do this. It's
just not launched yet, and so maybe

438
00:27:52.079 --> 00:27:56.200
it's still not as good as the
best journalists at writing, but give it

439
00:27:56.240 --> 00:27:57.359
a year. The scary but also
helpful part, right, is that these

440
00:27:57.400 --> 00:28:02.400
things learn fast, right, The
technology adopts very quickly to that point.

441
00:28:02.599 --> 00:28:07.240
That's interesting too, like just being
so, is it kind of like getting

442
00:28:07.480 --> 00:28:14.000
a well put together like you know, retrieval augmented generation search tool like that

443
00:28:14.119 --> 00:28:15.480
just says like, just stick with
this data only, do not let go.

444
00:28:15.839 --> 00:28:19.240
That's what concierge is. Yeah,
there you go. It is a

445
00:28:19.319 --> 00:28:22.839
RAG. There's a few more steps
in there beyond the RAG because one of

446
00:28:22.880 --> 00:28:29.000
the problems with just a basic rag
for the news is that it wouldn't know

447
00:28:29.039 --> 00:28:32.480
what's important. Yeah, right,
So if you just ask it to summarize

448
00:28:32.480 --> 00:28:36.720
the news and AI research over the
past two months, it doesn't know which

449
00:28:36.799 --> 00:28:40.079
of the news items or the topics
are important. So you need a few

450
00:28:40.079 --> 00:28:44.960
additional steps to figure out this was
actually more important than all the stuff that

451
00:28:45.000 --> 00:28:48.000
came after it. So don't sort
by recency, sort by something else,

452
00:28:48.359 --> 00:28:52.559
right, But other than that,
Yes, that is the basics, right

453
00:28:52.720 --> 00:28:56.960
of that last step, the personalization. Now the first step I'm talking about

454
00:28:56.160 --> 00:29:00.440
is that's a bigger step, right, Yeah. Should AI be createyating most

455
00:29:00.480 --> 00:29:03.559
of the content to begin with from
facts that were curated by humans in some

456
00:29:03.599 --> 00:29:08.039
way and we're working on something new
that hasn't been released yet. There cool?

457
00:29:08.480 --> 00:29:11.640
I don't know if, yeah,
but in a broad sense then,

458
00:29:11.680 --> 00:29:15.240
but it sounds like that is a
direction that that you feel shows promise rights

459
00:29:15.279 --> 00:29:19.640
as a thing to think about as
it's inevitable. Also it could be inevitable.

460
00:29:19.680 --> 00:29:25.839
Is it just seems like one of
those things that maybe the industry is

461
00:29:25.880 --> 00:29:30.640
still undnial about it, right,
but it is completely inevitable. I just

462
00:29:30.720 --> 00:29:33.359
don't see another way. It's just
the question is who does it? Does

463
00:29:33.359 --> 00:29:38.559
it asks or somebody else? And
whoever does it actually? Like are they

464
00:29:38.599 --> 00:29:41.400
going to do what I said,
which is make it actually write things that

465
00:29:41.440 --> 00:29:47.160
are true? Just have AI do
the writing, or will it have AI

466
00:29:47.720 --> 00:29:52.079
write whatever you want to hear,
which is probably going to result in more

467
00:29:52.079 --> 00:29:56.920
clicks but might not be very good
for the world. Yeah, it's an

468
00:29:56.920 --> 00:29:59.279
interesting question too in terms of like
if I pick it abat, if I

469
00:29:59.440 --> 00:30:00.799
if I'm a reporter, I mean
organ as anthropologist, right, I mean

470
00:30:00.960 --> 00:30:04.880
I do interviews with folks and do
you know, surveys and if I'm collecting

471
00:30:04.920 --> 00:30:08.079
a bunch of data observational out in
the field and blah blah blah, like

472
00:30:08.400 --> 00:30:12.240
come back and I dumped my notebook
into into a tool and say help me

473
00:30:12.279 --> 00:30:15.119
summarize and like bring out you know, the top four themes or whatever,

474
00:30:15.279 --> 00:30:18.400
like you know, say help me
write a story about something that we saw

475
00:30:18.400 --> 00:30:22.200
in the data. Like there's also
the interesting question too on the on the

476
00:30:22.319 --> 00:30:26.960
editorial side, in terms of like
fact checking and making sure that it's doing

477
00:30:26.440 --> 00:30:29.920
it's not to your point, making
anything up. And then on top of

478
00:30:29.920 --> 00:30:33.440
that, like is it telling a
story that is like helpful to humans?

479
00:30:33.519 --> 00:30:37.799
Right? To think about that.
That's an interesting question. Like I'm curious

480
00:30:37.799 --> 00:30:40.359
with on that too, because it's
like there's a couple levels where human in

481
00:30:40.359 --> 00:30:41.319
the loop would would be necessary.
I mean, I can see how this

482
00:30:41.359 --> 00:30:45.920
can get mitigator automated at some time
over time, but like, how do

483
00:30:45.920 --> 00:30:51.480
we think about that too in terms
of like who who might or when?

484
00:30:51.559 --> 00:30:55.400
In what scenarios does do something?
Check what's get written before gets published?

485
00:30:55.480 --> 00:30:59.640
You know, well, I think
in general, if we just use another

486
00:30:59.680 --> 00:31:03.400
industry as kind of an analogy of
how this might go. Right, think

487
00:31:03.400 --> 00:31:07.839
about the fact that initially computer was
a profession. A human was computing.

488
00:31:07.039 --> 00:31:11.920
It was using some sort of a
calculator as an aid. Right. Well,

489
00:31:11.960 --> 00:31:15.839
before that there was no calculator.
Then the calculation part was automated with

490
00:31:15.880 --> 00:31:19.079
a calculator. The computer was still
doing the rest. Right. Then we

491
00:31:19.119 --> 00:31:23.480
started creating digital computers that replaced those
humans, right, but they still had

492
00:31:23.519 --> 00:31:27.319
programmers who would program everything, single
thing, one command at a time.

493
00:31:27.799 --> 00:31:32.960
Right, and fast forward to today. You might be clicking some button in

494
00:31:33.000 --> 00:31:37.240
a big piece of software. Somewhere
underneath there are multiple abstraction layers. You

495
00:31:37.319 --> 00:31:41.160
are not expected to know what commands
run on what core on your computer,

496
00:31:41.599 --> 00:31:44.519
right, So generally speaking, the
human is always in the loop. The

497
00:31:44.599 --> 00:31:48.920
question is how many layers underneath are
obstructed the way, And so we're just

498
00:31:48.279 --> 00:31:52.799
getting to the point where the writing
level is going to be abstracted. The

499
00:31:52.920 --> 00:31:56.119
editorial level is probably still not going
to be for a while, but then

500
00:31:56.200 --> 00:32:00.920
eventually that might go and we'll see
how far this gets at some point.

501
00:32:01.839 --> 00:32:07.039
I mean, not all technologies scale
exponentially all the time, right, Some

502
00:32:07.119 --> 00:32:09.759
things reach a plateau and get stuck
there. I mean, we haven't had

503
00:32:09.759 --> 00:32:16.599
a faster airplane since nineteen sixty seven, so you can't expect all the condor

504
00:32:19.480 --> 00:32:22.920
I'm talking about commercial air flights,
like, I'm not talking about military.

505
00:32:22.960 --> 00:32:25.799
Yes, there's some advances there,
but in general, yeah, not all

506
00:32:25.799 --> 00:32:30.480
technologies progress all the time. At
some point, all the smartest humans just

507
00:32:30.480 --> 00:32:32.880
say, Okay, progress here is
really difficult, let's switch to this field,

508
00:32:32.960 --> 00:32:36.799
right, and they start working on
something else. So I don't know

509
00:32:36.920 --> 00:32:43.440
at which point this generative AI trend
might just reach its apex, and unless

510
00:32:43.440 --> 00:32:46.599
there's a big kind of change coming
afterwards, we're just going to be stuck

511
00:32:46.640 --> 00:32:51.519
there for a while, But then
breakthrough might happen. Again, I mentioned

512
00:32:51.599 --> 00:32:52.680
just before. Sorry if I'm going
on tangents, right, that's good.

513
00:32:52.839 --> 00:32:58.880
Nineteen ninety seven the Blue Beats cast
part of Right, the next big progress

514
00:32:58.880 --> 00:33:01.759
in chess is two thousand thirteen.
If you look at the strength of chess

515
00:33:01.759 --> 00:33:07.119
programs between nineteen ninety seven and twenty
thirteen, it's basically flat, even though

516
00:33:07.160 --> 00:33:10.599
it was progressing the entire time until
nineteen ninety seven. Right, that's for

517
00:33:10.680 --> 00:33:15.799
sixteen years, and then from twenty
thirteen onwards. Humans are nowhere in the

518
00:33:15.839 --> 00:33:19.880
picture. Right, They're not even
necessary in the loop playing in tandem with

519
00:33:19.960 --> 00:33:22.359
the computer. They're just too slow
to make a difference. Yeah, which

520
00:33:22.400 --> 00:33:24.559
is that's why we just play in
the park, you know, after work,

521
00:33:24.640 --> 00:33:28.880
because otherwise it makes it sad that
a computer can beat us so quickly.

522
00:33:29.799 --> 00:33:32.200
Yeah. I mean the reality is
if you look at high level chess

523
00:33:32.200 --> 00:33:37.000
players as well, Right, they
themselves play in their own kind of park.

524
00:33:37.119 --> 00:33:38.799
Right. They're not even allowed to
wear a watch, because you know

525
00:33:39.680 --> 00:33:45.039
they might be cheating using any device. That's a good point. Yeah,

526
00:33:45.160 --> 00:33:47.599
I guess it's again there's there's always
ways to evolve. We how we do

527
00:33:47.640 --> 00:33:52.079
it, you know, I'm curious
you're thinking about this as as we're like,

528
00:33:52.799 --> 00:33:54.039
you know, society we're wrestling with
with a lot of these kind of

529
00:33:54.119 --> 00:33:58.799
changes in terms of, you know, how we use technology, what role

530
00:33:58.839 --> 00:34:01.079
technology plays in different parts of our
work lives, you know, and writing

531
00:34:01.160 --> 00:34:05.200
is an interesting area. And then
obviously around journalism too, it's like do

532
00:34:05.279 --> 00:34:09.079
you I'm curious, like how have
you spoken with or getting like what are

533
00:34:09.119 --> 00:34:14.239
reactions from journalists or like news corps
about these ideas? Right? You know,

534
00:34:14.360 --> 00:34:15.639
in terms of that if you kind
of chat chat with them about like

535
00:34:16.159 --> 00:34:21.280
developing this kind of tech that can
help in the in the creation process of

536
00:34:22.280 --> 00:34:28.639
not at scale, not yet so
and even if you go beyond the idea

537
00:34:28.679 --> 00:34:30.800
of using technology to do that.
Right now, there's a pretty big fight

538
00:34:30.880 --> 00:34:36.639
going on between most news corporations and
journalists themselves, right, because news corporations

539
00:34:36.639 --> 00:34:42.519
are trying to basically use humans to
reuse what other humans did. You're seeing

540
00:34:42.639 --> 00:34:45.400
companies like old like Gonnet kind of
buying up small newspapers, right, and

541
00:34:45.440 --> 00:34:50.199
then some of those newspapers they just
get rid of all the journalists and borrow

542
00:34:50.320 --> 00:34:55.000
content from other newspapers, right,
yep, Because again the incentives are to

543
00:34:55.039 --> 00:35:00.400
make that happen, but journalists typically
unionize, go and strike, fight against

544
00:35:00.440 --> 00:35:04.639
that, et cetera. Again,
understandably, so so when we're talking about

545
00:35:04.800 --> 00:35:08.880
and now it's not even going to
be that all the efficiency comes from reducing

546
00:35:08.920 --> 00:35:15.079
redundancy between humans. Now just this
entire group of humans becomes redundant because AI

547
00:35:15.159 --> 00:35:17.840
can do their work right, and
you only need the actual investigative guys.

548
00:35:19.199 --> 00:35:22.880
There's going to be a lot of
resistance towards that, right. I'm not

549
00:35:22.960 --> 00:35:25.920
even sure that we would get good
press if I just kept talking about that

550
00:35:27.000 --> 00:35:30.000
part over and over. You asked
about it, so I talked about it,

551
00:35:30.039 --> 00:35:32.719
but most of the time I talk
about reducing the junk, and I

552
00:35:32.719 --> 00:35:37.039
try to avoid the part about yeh, and I'm not sure how your profession

553
00:35:37.239 --> 00:35:40.840
is going to still be there,
of course. Yeah, if it does,

554
00:35:40.880 --> 00:35:45.079
then it's probably going to be about
ten percent of the size that is

555
00:35:45.119 --> 00:35:47.920
now in terms of number of people
engaged in it. Again, I love

556
00:35:49.000 --> 00:35:52.039
historic parallels, as you notice,
right, agriculture In the nineteen twenties and

557
00:35:52.320 --> 00:35:58.239
nineteen twenty it's thirty percent of people
in the US working in agriculture, and

558
00:35:58.320 --> 00:36:00.679
in nineteen thirty it's three percent.
Yeah, it totally changed, right,

559
00:36:01.119 --> 00:36:06.639
I think we're in a similar kind
of decade for anything that involves words as

560
00:36:06.679 --> 00:36:08.559
output. Yeah, I mean that's
interesting. Yeah, yeah, it's it's

561
00:36:08.599 --> 00:36:10.400
and it's a fair question. I
mean the part of it too is like

562
00:36:10.400 --> 00:36:13.599
we can't shy away from the challenge
of the question, right, And so

563
00:36:13.639 --> 00:36:15.320
that's like people that put their head
in the sand are going to get buried

564
00:36:15.400 --> 00:36:19.199
first, you know, and not
that and to be negative, but it's

565
00:36:19.239 --> 00:36:22.119
just like it's it's we have to
be willing to ask the questions, right

566
00:36:22.159 --> 00:36:25.199
of like how how might our work
change in our outputs? Yeah, it's

567
00:36:25.199 --> 00:36:30.280
like and we can imagine a future
that the creation of words, like you

568
00:36:30.280 --> 00:36:32.559
can do it for fun, but
like as a as a job or something

569
00:36:32.559 --> 00:36:37.159
that it's it's automated you know,
in many ways like that. And then

570
00:36:37.199 --> 00:36:39.440
it's one of those two like you
know, farming is automated. It did,

571
00:36:39.480 --> 00:36:42.639
it did change a lot of like
like cultural landscapes. But we also

572
00:36:42.639 --> 00:36:45.840
still need food, right, like
how that happens. So it's like in

573
00:36:45.880 --> 00:36:47.119
the same kind of way, like
I mean, even they have digital junk

574
00:36:47.119 --> 00:36:51.159
also, right, it's like we
need we need i mean more than everything

575
00:36:51.159 --> 00:36:52.679
good information, right, we need
information that we can trust and feel and

576
00:36:52.679 --> 00:36:57.639
feel safe with, and so like
whether written by a person or a computer.

577
00:36:57.760 --> 00:37:00.639
Like on the one hand, like
and that level that question, it's

578
00:37:00.679 --> 00:37:01.199
like, either way, how do
we get to the answer of like,

579
00:37:01.239 --> 00:37:07.639
what's what's trustworthy information that can help, you know, disseminate knowledge in a

580
00:37:07.679 --> 00:37:09.639
way that we can we can work
with. Where there's risk, there's also

581
00:37:09.679 --> 00:37:14.559
opportunity. Right, So if the
model that is writing it is actually taking

582
00:37:14.679 --> 00:37:17.800
facts from a source you can trust, right, And if the model of

583
00:37:19.880 --> 00:37:22.360
or the model itself and the data
sets it was trained on is at least

584
00:37:22.480 --> 00:37:27.239
partially open to you so you can
trust that it's doing it well, that

585
00:37:27.360 --> 00:37:30.239
is much more trustworthy than anything we
have in the ecosystem right now. So

586
00:37:30.280 --> 00:37:35.159
we could lament that the current ecosystem, you know, good people are losing

587
00:37:35.159 --> 00:37:39.360
their jobs, is very lamentable,
right, But that ecosystem is what's producing

588
00:37:39.360 --> 00:37:43.960
the junk right now, and so
if we can replace it with something that

589
00:37:44.320 --> 00:37:47.880
produces a higher signal to noise ratio, that's ultimately good for us. Sort

590
00:37:47.920 --> 00:37:52.840
of in the same way as the
mechanization of agriculture resulted more food being produced,

591
00:37:52.440 --> 00:37:59.480
right, we got more food,
but obviously an entire region got ninety

592
00:37:59.480 --> 00:38:02.519
percent on the pointment and the big
out migration from it and to other regions.

593
00:38:02.559 --> 00:38:06.800
Right, So I don't know how
that works for white collar workers,

594
00:38:06.800 --> 00:38:08.400
but I guess we'll see. Yeah, I mean knowledge worker is it's an

595
00:38:08.400 --> 00:38:12.159
interesting it's an interesting point of what
that's going to be, right, And

596
00:38:12.159 --> 00:38:15.039
and it is in you're right,
like, and we're talking about writing a

597
00:38:15.039 --> 00:38:17.000
lot here too, obviously because we're
approaching this from from news media, but

598
00:38:17.079 --> 00:38:21.599
like creative industries in general, right, because both visual and video creation like

599
00:38:21.760 --> 00:38:23.840
you know, are also in this
space as well. Like there's a lot

600
00:38:23.840 --> 00:38:29.079
of you know, generative image that's
a little more difficult, right, So,

601
00:38:29.079 --> 00:38:31.159
so it is progressing, but it's
a few years behind in a sense.

602
00:38:31.320 --> 00:38:35.800
Yeah, essentially if you use the
same method that I described as alarms

603
00:38:35.840 --> 00:38:38.400
our train, just a missing thing
that doesn't work in video. So video

604
00:38:38.440 --> 00:38:43.360
requires a little bit extra work to
try to generate something useful. But yeah,

605
00:38:43.440 --> 00:38:45.760
yeah, it's only a few years
behind probably. Yeah. I think

606
00:38:45.760 --> 00:38:50.559
you're right there too. It's in
like but even to that point too,

607
00:38:50.599 --> 00:38:53.920
like we're seeing the early implementations,
like in in mainstream software like Adobe's putting

608
00:38:53.920 --> 00:38:58.920
it in through Firefly and and other
you know, there's what's it called SOA

609
00:38:59.000 --> 00:39:01.199
or sona from open air eye,
you know. Yeah, Like I think

610
00:39:01.280 --> 00:39:05.280
there's some interesting, interesting things that
are that are at play there. So

611
00:39:05.360 --> 00:39:10.159
I'm curious too, Like as we
think about the h I guess we talked

612
00:39:10.159 --> 00:39:13.239
to I guess a lot of but
don't think about like the kind of tech

613
00:39:13.280 --> 00:39:15.960
challenges that we're facing in terms of
as we see these these shifts happen,

614
00:39:16.079 --> 00:39:22.119
like how do you approach trying to
you know, build something new or break

615
00:39:22.239 --> 00:39:24.280
you know, kind of new kind
of breakthrough technologies in the space. It's

616
00:39:24.280 --> 00:39:29.000
like super rapidly advancing. Uh.
And there's again a lot of like you

617
00:39:29.039 --> 00:39:31.880
know, social buzz because it's like
what it is that we're potentially making or

618
00:39:31.880 --> 00:39:36.000
how we're changing conversations around digital clutter, Like how do you think about the

619
00:39:36.639 --> 00:39:40.199
technical challenges that you're facing as you're
putting the other platform syndicating content and then

620
00:39:40.199 --> 00:39:44.840
potentially like putting the concierge in place
and like having people chat Like what's I

621
00:39:44.840 --> 00:39:46.519
guess, what's been the toughest thing
to kind of help or not to crack

622
00:39:46.679 --> 00:39:50.599
as you're trying to put the tech
stack together to make this thing work.

623
00:39:51.199 --> 00:39:55.480
Yeah, I think generally speaking,
both I and all the people that's gravitated

624
00:39:55.519 --> 00:40:01.000
towards me in this project are better
at building stuff than we are getting eyeballs

625
00:40:01.000 --> 00:40:05.760
to stuff. So generally speaking,
if you ask me what are our biggest

626
00:40:05.840 --> 00:40:07.440
challenges, I will list ten things, and none of them will be a

627
00:40:07.480 --> 00:40:14.280
tech challenge. Organ Yeah, the
tech challenges are the easiest thing for us,

628
00:40:14.320 --> 00:40:17.559
again just because of the kind of
people that the project attracted early on,

629
00:40:17.679 --> 00:40:22.400
right, we tend to be tech
is the biggest challenges. How do

630
00:40:22.440 --> 00:40:24.920
you build a community of people that
actually talk to each other. That's something

631
00:40:25.000 --> 00:40:29.920
where I'm incompetent and I can't even
stay in touch with my best friends,

632
00:40:30.079 --> 00:40:35.280
right, and so getting me to
build a community that's completely foreign to me.

633
00:40:35.679 --> 00:40:40.119
So it kind of comes out of
the personality of me and the rest

634
00:40:40.159 --> 00:40:45.000
of the team. But in general, yeah, that tech landscape is evolving

635
00:40:45.039 --> 00:40:49.960
a lot, and that means that
I always have to watch what happens,

636
00:40:49.960 --> 00:40:52.360
and everybody else has to watch what
happens, and we have to constantly try

637
00:40:52.400 --> 00:40:59.159
to adjust. And it's a little
difficult for some team members because you know,

638
00:40:59.199 --> 00:41:05.199
they were something for six months and
then that's something that was supposed to

639
00:41:05.239 --> 00:41:07.920
be on the main tab and the
app has been moved to the fourth tab

640
00:41:07.960 --> 00:41:10.440
because three more more important things came
out. Yeah, and they're upset,

641
00:41:10.639 --> 00:41:14.519
right, and I understand them.
Right. They were working on something that

642
00:41:14.599 --> 00:41:16.960
was supposed to be a part of
the flagship feature, the main flow that

643
00:41:17.000 --> 00:41:20.960
the all users go through, and
if it's in the fourth tab, then

644
00:41:21.559 --> 00:41:24.760
maybe only fifteen percent of users even
get there and know what's there. But

645
00:41:25.599 --> 00:41:30.519
there's three cooler things that happened just
because now the technology allows them. Yeah,

646
00:41:30.519 --> 00:41:32.559
it's a good point too, right. It seems like it's the especially

647
00:41:32.559 --> 00:41:36.199
like if you're working in a modular
development environment, you know, it's like

648
00:41:36.199 --> 00:41:37.960
you can't we can't always know as
I build this thing when it'll get down

649
00:41:38.000 --> 00:41:40.239
downstream and they get out and by
the time it gets out, like what

650
00:41:40.320 --> 00:41:45.719
new has popped up elsewhere? That
would change. That's interesting too, that

651
00:41:45.760 --> 00:41:50.519
I mean, like, how do
we think about like the as an online

652
00:41:50.519 --> 00:41:53.679
platform too, you know, like
we've got ways of being able to select

653
00:41:53.719 --> 00:41:57.840
topics and emotions even if if I
want, like what I'm looking for in

654
00:41:57.920 --> 00:42:00.320
stories, Like how do you think
about competing with like a CNN or BBC.

655
00:42:01.360 --> 00:42:05.000
Obviously those are individual publishers, right, and so part of it might

656
00:42:05.039 --> 00:42:07.000
be the syndication question, but like, how do you how do you kind

657
00:42:07.000 --> 00:42:10.719
of try to position other web as
a way of like being in competition but

658
00:42:10.800 --> 00:42:15.199
conversation with these others lublishers. Yeah, I'm not trying to compete with them,

659
00:42:15.320 --> 00:42:19.880
right. Essentially, I'm trying to
stay within the guidlands of fair use.

660
00:42:20.440 --> 00:42:23.000
I try to add something they don't
have, which has summaries and nutrition

661
00:42:23.119 --> 00:42:27.760
labels and better ways to select an
order content. Right, and then if

662
00:42:27.760 --> 00:42:30.679
somebody wants the original content that they
created, I have a link back to

663
00:42:30.719 --> 00:42:37.360
CNN or BBC. Yeah. So
I'm basically strictly in the aggregator space of

664
00:42:37.719 --> 00:42:39.800
let's say, the Google News and
Apple News and Flipboard of the world,

665
00:42:39.840 --> 00:42:44.880
not the CNNs of the world.
Right. But again this is up until

666
00:42:45.840 --> 00:42:51.360
March. Yeah, and now I'm
gradually getting into a completely different space,

667
00:42:51.400 --> 00:42:54.159
which we'll see how that works.
Right. Where Again, I still don't

668
00:42:54.199 --> 00:42:58.880
want to compete with CNN or BBC, right, especially not with BBC.

669
00:42:59.199 --> 00:43:06.400
They have endless funding that we will
never have right in government, but even

670
00:43:06.440 --> 00:43:10.760
within organizations of that caliber, still
we want to always partner up with them.

671
00:43:10.920 --> 00:43:15.199
We want to even when we have
a model that writes really well,

672
00:43:15.960 --> 00:43:19.199
we're going to go to Gannett and
Alden and McClatchy and all these guys and

673
00:43:19.239 --> 00:43:22.000
say, hey, here's this school
thing that can save you a lot of

674
00:43:22.039 --> 00:43:25.880
time, and it proved the quality
of what you guys are producing. It

675
00:43:27.039 --> 00:43:31.519
probably doesn't make sense to compete with
the guys who are the most trusted names

676
00:43:31.559 --> 00:43:36.920
in news. We should try to
improve them because that's good for everybody,

677
00:43:37.199 --> 00:43:39.880
or just help them and whatever way
we can. And it's worth noting that

678
00:43:39.920 --> 00:43:45.280
all these companies are losing money crisis
the industry. Yeah yeah, yeah,

679
00:43:45.320 --> 00:43:50.920
I mean Gannett is probably they're the
biggest, the biggest company in the print

680
00:43:50.960 --> 00:43:55.760
industry essentially. Right. Their revenue
went down from three point four billion dollars

681
00:43:55.760 --> 00:44:01.760
four years ago to two point six
last year, right, And they're cutting

682
00:44:02.559 --> 00:44:07.199
employees, cutting essentially their expenses every
single year. But the cuts are not

683
00:44:07.320 --> 00:44:10.559
going as fast as the revenue declines, right. And if you look at

684
00:44:10.760 --> 00:44:15.880
their market gap right now, it's
something like three hundred million on almost three

685
00:44:15.960 --> 00:44:19.559
billion of revenue. Right, So
basically the market is betting that they go

686
00:44:19.639 --> 00:44:22.000
chapter eleven. They say in every
quarterly call. They won't, right,

687
00:44:22.599 --> 00:44:27.840
But yeah, so they're in a
tough situation. But that's three hundred different

688
00:44:27.840 --> 00:44:31.239
newspapers, including USA Today, and
a lot of people read them and trust

689
00:44:31.280 --> 00:44:36.760
them. They don't want to go
in and compete with them. I want

690
00:44:36.800 --> 00:44:39.519
to go in and try to help
them. They need the help, yes,

691
00:44:39.719 --> 00:44:44.480
and the readers need good information that's
refreshing to hear then too, because

692
00:44:44.519 --> 00:44:46.920
yeah, it's not a like zero
sum game of information, because that's its

693
00:44:46.920 --> 00:44:51.840
own challenge, their own problem potentially
too. Right of being a singular source

694
00:44:51.880 --> 00:44:53.960
of truth, I think is part
of the issue that we're discussing around in

695
00:44:54.159 --> 00:44:59.199
a philosophical sense. Yeah, yeah, and that in itself I think is

696
00:44:59.239 --> 00:45:04.159
a part of Maybe it's the ethos
of the profession that generates that to some

697
00:45:04.320 --> 00:45:08.440
extent, right, But I haven't
seen that many journalists who would like openly

698
00:45:08.519 --> 00:45:13.440
say I'm the equivalent of the line
cock at McDonald's. Right. All they

699
00:45:13.480 --> 00:45:16.519
do is just do the same thing
that my neighbors do in the most standardized

700
00:45:16.559 --> 00:45:22.639
way possible. No, every single
journalist, thanks their Emichelin Starshift, right,

701
00:45:22.800 --> 00:45:25.480
they are creating something unique and if
you ask them, is your version

702
00:45:25.480 --> 00:45:29.840
of the story better than every other
version of the same story out there.

703
00:45:30.119 --> 00:45:32.280
They're obviously going to say yes.
Now, the problem is there's more than

704
00:45:32.280 --> 00:45:36.559
fifty versions of every single story out
there, even within the same set of

705
00:45:36.639 --> 00:45:40.000
fact published in the same hour,
and so they can't all be right.

706
00:45:40.599 --> 00:45:44.960
But it's a part of the ethos
of the profession, and I understand why

707
00:45:44.960 --> 00:45:49.239
it exists because then they take pride
in their work. They're actually trying to

708
00:45:49.239 --> 00:45:52.760
produce something really good. Right.
But when I look at this as an

709
00:45:52.880 --> 00:45:57.960
entire ecosystem, obviously that's a part
of the reason why the industry is losing

710
00:45:57.960 --> 00:46:02.079
money all the time, right,
because you can't have every single restaurant in

711
00:46:02.119 --> 00:46:07.039
the world operating as if at some
Michelin Star restaurant. They have to kind

712
00:46:07.079 --> 00:46:10.679
of pick their lane. And right
now, everybody's trying to be the best,

713
00:46:12.599 --> 00:46:15.440
and in part because that's that's to
our other part before of like following

714
00:46:15.480 --> 00:46:20.800
them, the incentive structure of like
you capture the most eyeballs slash advertising dollars

715
00:46:21.920 --> 00:46:23.480
and then you do I guess,
is there like I mean, or do

716
00:46:23.519 --> 00:46:30.599
you envision in terms of like the
future of the industry, like both either

717
00:46:30.639 --> 00:46:34.559
ways or models you've seen of different
kinds of incentives, like and like could

718
00:46:35.199 --> 00:46:37.239
services platforms like other web in terms
of whether it's producing content or like,

719
00:46:37.280 --> 00:46:40.119
how we can engage with it and
get, you know, a better sense

720
00:46:40.119 --> 00:46:44.440
of why I am consuming, presuming
in what it means like to shift some

721
00:46:44.480 --> 00:46:47.599
of those models, either away from
like the chokehold of advertising or something else

722
00:46:47.679 --> 00:46:52.079
like you know, do do do
we see anything else emerging as potential contenders

723
00:46:52.119 --> 00:46:57.000
for that? In theory, yes, but then practice trying to innovate and

724
00:46:57.079 --> 00:47:01.679
business models as a very dangerous proposition. And so do I want the industry

725
00:47:01.679 --> 00:47:07.559
to shift away from advertising? Yes? Do I want to be one of

726
00:47:07.559 --> 00:47:10.440
the companies that tries? Not really, because that usually ends badly, right,

727
00:47:10.519 --> 00:47:15.920
And so we're trying to innovate and
the tech side trying to produce better

728
00:47:15.159 --> 00:47:21.559
experiences for our readers. Right,
We're not trying to innovate in the business

729
00:47:21.599 --> 00:47:28.760
model side, but somebody should.
Yeah. Yeah, I just don't think

730
00:47:28.800 --> 00:47:32.199
that we want to be it.
And the other reality is that not all

731
00:47:32.239 --> 00:47:37.960
experiments in business models have been good
for the ecosystem at all as well.

732
00:47:37.480 --> 00:47:44.519
Right, you can argue that the
iTunes experiment basically kill the ability of most

733
00:47:44.599 --> 00:47:49.159
musicians to make money, and so
I think generally Near did the study on

734
00:47:49.199 --> 00:47:52.039
that, the father of the art
right, but he's also a musician,

735
00:47:52.039 --> 00:47:55.679
and so he did a study on
this and basically showing that the curve of

736
00:47:55.760 --> 00:48:00.119
how much money musicians make has become
much much steeper. Interesting we've been able

737
00:48:00.159 --> 00:48:06.000
to buy songs for one cent each
separately instead of buying entire albums, and

738
00:48:06.039 --> 00:48:08.360
the result is that the number of
musicians that can make a living for music

739
00:48:08.559 --> 00:48:13.719
is much much smaller than it was
even twenty years ago. And so that's

740
00:48:13.719 --> 00:48:16.360
a business model innovation. It looked
great when it happened because it was a

741
00:48:16.400 --> 00:48:22.440
solution to the problem of piracy in
some sense, but in reality it actually

742
00:48:22.480 --> 00:48:28.880
made everybody's life in that industry worse
probably, And so again I believe that

743
00:48:28.920 --> 00:48:31.159
we need to try to innovate this. And it would be great if everybody

744
00:48:31.159 --> 00:48:36.639
paid for the content they want to
pay for, as opposed to being monetized

745
00:48:36.639 --> 00:48:42.440
in this backhanded way by somebody trying
to extract their attention. But I'm not

746
00:48:42.519 --> 00:48:45.519
equipped to innovate in this field.
Neither is anybody else in the company,

747
00:48:45.519 --> 00:48:50.480
I think, so they'll leave that
to others. We'll just focus on good

748
00:48:50.559 --> 00:48:52.800
content. Yeah. Cool, No, that makes sense. Yeah too.

749
00:48:52.880 --> 00:48:53.719
And I appreciate the honest answer too, because it's like, you know,

750
00:48:53.880 --> 00:48:55.800
you talk to people like, oh
yeah, we could do something else.

751
00:48:55.800 --> 00:48:59.079
It's like okay, yeah, I
mean, like what could it be?

752
00:48:59.119 --> 00:49:02.440
Is the question? You know,
that's not but that's really helpful to to

753
00:49:02.519 --> 00:49:05.880
kind of think about too, because
it's like and part of it as folks

754
00:49:05.880 --> 00:49:08.480
think about, like as we're building
what the future is from content creation,

755
00:49:08.599 --> 00:49:12.960
production, consumption, you know,
we have to think about to your point,

756
00:49:13.000 --> 00:49:15.039
like what can you be good at
as a business, as a as

757
00:49:15.039 --> 00:49:17.320
a as a researcher, as a
writer, as a as a creator,

758
00:49:17.360 --> 00:49:22.000
as as a developer, you know, and then create in that area,

759
00:49:22.119 --> 00:49:23.800
right, and like and not trying
to necessarily change everything at the same time,

760
00:49:23.840 --> 00:49:25.960
because it's like it feels nice to
be able to do that, but

761
00:49:27.000 --> 00:49:29.880
like also that that's a hard call
to be able to do in the first

762
00:49:29.880 --> 00:49:32.880
place. I think I would say, just as a kind of wrap up

763
00:49:32.920 --> 00:49:37.400
question, if folks are thinking about
the wanting to be more mindful of how

764
00:49:37.400 --> 00:49:42.000
they consume content, you know,
like whether it's like practices that you have

765
00:49:42.039 --> 00:49:44.719
in other way or other things that
you've seen in terms of helping us have

766
00:49:44.800 --> 00:49:49.360
a better diet, media diet and
not consume so much junk, Like what

767
00:49:49.400 --> 00:49:52.519
are some strategies that you you share
like or you thought about you're built into

768
00:49:52.559 --> 00:49:55.480
the platform for like how to be
more effective at like being smarter about my

769
00:49:55.519 --> 00:50:00.360
consumption of media, or you know, making sure that I'm knowing what it

770
00:50:00.400 --> 00:50:05.039
is that I'm consuming. And why
let me start at a higher level,

771
00:50:05.119 --> 00:50:07.880
because the platform only covers a part
of what you could do. But if

772
00:50:07.920 --> 00:50:12.360
you go to a higher level,
if you want to consume good stuff most

773
00:50:12.360 --> 00:50:15.679
of the time, then you should
actually plan what you're going to consume.

774
00:50:15.639 --> 00:50:19.599
I think most people don't actually if
you ask them, even how much time

775
00:50:19.599 --> 00:50:22.360
you're spending right now on Instagram versus
reading books, most people can't answer that

776
00:50:22.599 --> 00:50:27.000
question. But I think you should
have a plan of how many hours per

777
00:50:27.000 --> 00:50:29.960
week are you going to spend on
Instagram? How many hours per week are

778
00:50:29.960 --> 00:50:32.079
you going to spend reading books?
The minute you come up with that plan,

779
00:50:32.239 --> 00:50:35.639
even if you can't stick to it
most of the time, it's still

780
00:50:35.679 --> 00:50:37.199
going to be better than if you
had never had the plan. We see

781
00:50:37.239 --> 00:50:42.119
the same thing with regular dieting as
well. Right the moment people start taking

782
00:50:42.119 --> 00:50:45.559
photos of their food, they start
eating better. They don't even need to

783
00:50:45.559 --> 00:50:49.360
start planning their diet. Just taking
photos is typically enough, but if they

784
00:50:49.360 --> 00:50:52.599
also plan their diet, it becomes
even better. So that's my first piece

785
00:50:52.639 --> 00:50:55.880
of advice to everybody. Just try
to plan this thing. And then once

786
00:50:55.960 --> 00:51:00.800
you notice how much time you're spending
on recent versus that are trying to extract

787
00:51:00.800 --> 00:51:06.199
your attention, chances are you're going
to want to change that. Now,

788
00:51:06.400 --> 00:51:10.519
how much up to you? Right? Some people like their Instagram because they're

789
00:51:10.519 --> 00:51:15.079
already hooked. It's okay, But
the question is how much right? Even

790
00:51:15.639 --> 00:51:19.800
drugs are you know, some of
them are okay some of the time they're

791
00:51:19.880 --> 00:51:22.960
not okay, multiple times per day
for very long time, being strung out

792
00:51:22.039 --> 00:51:27.039
right, Yes, sorry, I'm
not at what they're advocating for drugs anyone.

793
00:51:27.079 --> 00:51:30.480
But let's say alcohol, Okay,
one drink per night seems to actually

794
00:51:30.519 --> 00:51:34.719
extend your life even though it's clearly
unhealthy. Why because I guess moderations okay,

795
00:51:35.000 --> 00:51:37.079
right, but seven drinks three times
a day probably not even that's great?

796
00:51:37.119 --> 00:51:43.280
Yeah, So basically, try to
plan what you think is the right

797
00:51:43.360 --> 00:51:47.840
level of consumption for you for every
particular drug, and information that produces dopamine

798
00:51:47.960 --> 00:51:52.480
is a drug, just like chemicals
that produce dopamine. That's a great points

799
00:51:52.639 --> 00:51:58.079
and something that I'm curious to hear
what listener's viewers think about there. It's

800
00:51:58.079 --> 00:52:00.840
like, like, have you ever
planned your media consumption? Because I have

801
00:52:00.920 --> 00:52:02.679
not been, Like, let me, let me make sure I only consume

802
00:52:02.719 --> 00:52:06.639
fifteen minutes of media news today or
something whatever it is, like, but

803
00:52:06.639 --> 00:52:09.039
that's that's a really great point actually
to be aware of, like what it

804
00:52:09.079 --> 00:52:14.800
is that you're choosing to expose yourself
to. And I think the most ironic

805
00:52:14.840 --> 00:52:17.280
thing that happened to me when when
I got small kids, right, is

806
00:52:17.440 --> 00:52:22.440
I start planning like, Okay,
she's only allowed to watch cartoons for fifteen

807
00:52:22.440 --> 00:52:25.360
minutes in the morning and fifteen minutes
in the evening. And then I noticed,

808
00:52:25.519 --> 00:52:29.239
okay, but my wife is looking
at Instagram for the past hour.

809
00:52:29.760 --> 00:52:31.639
You're like, wait, yeah,
I'm not supposed to say anything. Yeah,

810
00:52:32.079 --> 00:52:37.239
yeah, exactly. And I'm thinking
with different standards. Somebody is planning

811
00:52:37.280 --> 00:52:38.800
it for the kids, but for
us adults, nobody is planning it.

812
00:52:38.840 --> 00:52:43.480
We're kind of waning it, right, And so how about we start planning

813
00:52:43.599 --> 00:52:45.280
for ourselves too. Yeah, that's
a great idea, right, we need

814
00:52:45.320 --> 00:52:49.639
a media planner to help us out
here. You do awesome? Cool,

815
00:52:49.679 --> 00:52:51.800
Well, Alex Like this has been
great to chat with you. I appreciate

816
00:52:51.800 --> 00:52:54.119
you taking the time out and excited
you know about the work, about the

817
00:52:54.119 --> 00:52:59.760
work that you're doing and raising I
think a ton of really important questions for

818
00:52:59.840 --> 00:53:01.880
media consumption and how we can be
smarter about that. How do we like

819
00:53:02.039 --> 00:53:07.159
tack all the challenges facing journalism and
media creation too? You know, I

820
00:53:07.159 --> 00:53:09.639
think it's a it's an interesting challenge
space that you've doven into and so I'm

821
00:53:09.639 --> 00:53:14.039
excited for folks to check out the
site that they haven't already and to kind

822
00:53:14.039 --> 00:53:16.280
of share some thoughts on this idea
of how can we be smarter about media

823
00:53:16.320 --> 00:53:21.159
consumption? Sounds good. It's been
great, It's awesome, Thank you much.

824
00:53:21.239 --> 00:53:21.880
And it was easy.

Alex Fink Profile Photo

CEO

Alex Fink is an AI pioneer, silicon valley expat, and the founder and CEO of the fastest-growing new platform on the internet (called the Otherweb). Having spent 15 years in various engineering and executive roles in tech, Alex has decided to dedicate himself to solving the biggest problem facing mankind today - digital junk.

He founded his company as a public benefit corporation, and it has gone from 0 to 4M active users in less than a year.