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Tech Disruption Is a Myth

4 pointsby mswehliover 5 years ago

1 comment

pudoover 5 years ago
I follow this a bit in the news industry: it&#x27;s a business that&#x27;s been deeply changed by the internet and there are no easy answers for how to fund good news reporting in the future.<p>Yet media executives have demonstrated an unlikely talent in not just missing out on opportunities to make working online platforms and re-claiming some ad revenue from social media companies. Instead, they&#x27;ve been jumping onto any technical innovation (VR, video embeds, blockchain, ...) with not the slightest bit of strategy, just hoping to get some disruption fairy dust on them that might magically save them.<p>So, instead of working on business models, you can regularly see media executives at conferences with Oculus Rift on their head and wildly flailing arms. Beautiful metaphor, if you ask me...
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