12 pointsby 01-_-9 hours ago2 comments
  • woadwarrior018 hours ago
    A very incoherent article. Reads like a Submarine[1].

    [1]: https://www.paulgraham.com/submarine.html

    • PorterBHall26 minutes ago
      “News is what someone doesn’t want you to know. The rest is just advertising.” Variously attributed to George Orwell and William Randolph Hearst.
    • WarmWash7 hours ago
      That article is brilliant, can't believe I have never seen it before.

      The media (especially in today's environment) works to sell ad views, not make the reader more informed.

      Way (way) too many people think that because the media confirms their beliefs, the media is honest.

    • andai8 hours ago
      Interesting point, yeah. Does it need to be a PR company, though? If I bought NVDA I'd also be incentivized to talk about how healthy the company looks.
      • Alpha30318 hours ago
        Personally, I don't think it's (paid) PR per se. Call me cynical but I'm fairly sure TechCrunch has always been mostly lightly laundered press kits. This is, of course, something that is endemic across most trade or trade-adjacent media.
        • cyanydeez2 hours ago
          Presskits are now on par with police reports: largely reported ad objective truth even when historical context would properly shade those reports.

          News is at high AI risk precisely because it easily adopts whatever POV the subject wants.

  • epolanski8 hours ago
    I don't think any company will be able to hold a significant monopoly in the space for the simple law of economics: high margins (especially combined with high absolute volumes) attract competition.

    And the wider the margins and volumes the more competitors have incentives in making gigantic investments.

    • funnym0nk3y6 hours ago
      Given proper oversight yes.

      Otherwise companies can absolutely get a monopoly and cement it. Buy up competition, pressure adversaries, hog resources and so on.