-
pfrazee It's interesting that you hit on this point b/c Spotify is often held up as a model to aspire to for news orgs. The value of media is collapsing for some very different reasons (the economics of online media have basically been hijacked by 3rd party ad tech) but...Permalink On twitter.com
❤️ 1 Favorite
Mood 0
-
pfrazee The places where the aggregator model exists are most often not b/c of a lack of value but because of the complexity of payment and the ballooning of arbitrage-based-profit by bad actors in the system. Aggregators create an editorial layer to remove these bad actors.Permalink On twitter.com
❤️ 1 Favorite
Mood -8 🙁
-
pfrazee You're seeing the end point and assuming that these pieces of media have tiny amounts of value assigned to them because people intrinsically do not value the work... but I don't think that's the case, I think both aggregators and bad actors sabotage that value...Permalink On twitter.com
❤️ 1 Favorite
Mood -5 🙁
-
pfrazee The aggregation of media has moved the extraction of value from labor up-chain is all. Previously media-makers value was extracted up towards management and they are not well compensated while labels made huge amounts of money. The internet threatened independence from that...Permalink On twitter.com
Mood -1 🙁
-
pfrazee At the same time independent creation became potentially possible it also was possible to confuse buyers and sabotage the methods of discovery. So a new landlord stepped in and replaced labels' claim on music creation rent and promised to bring people up in basically the same wayOn twitter.com
Mood -3 🙁
-
pfrazee The problem is that we culturally understand creation has value but we don't understand the value of taste-making as well and so Spotify's hack into the music world was never it's streaming capability but it's broad playlist making labor and automation.Permalink On twitter.com
Mood -1 🙁
-
pfrazee The internet rejected gatekeepers because we only saw them as landlords, but we just ended up with new landlords in even smaller numbers because we never quite figured out how to make aggregation/selection/taste-making an independent job that didn't take value from creators.Permalink On twitter.com
❤️ 1 Favorite
Mood -1 🙁
-
pfrazee We need an ecosystem where the aggregators' editorial function is a job equally compensated like any creator but that's not going to happen when those aggregators can be rolled up into a central platform & become the tools of labor value extraction b/c that's how capitalism worksPermalink On twitter.com
Mood +2 🙂
-
pfrazee And in the digital world, once you centralize the audience through the editorial function of filter the world of content, you can start collecting data about users, allowing you to increase recommendation efficiency, charge both sides, and decrease returned value to creators.Permalink On twitter.com
Mood +1 🙂