more from Balajihttps://twitter.com/balajis/status/1361011464513880065?s=19 …
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for the last two weeks the main story has been the NYT and as the NYT knows better than any institution, being the story is an extremely uncomfortable position in which to find oneself
It's a big institution with more than one thing going on. That's enough to make it impossible to engage the topic on social media.
Literally the only thing thats going to happen from this type of stuff imo is SV execs are going to start leaning into their fash instincts. Great time to do this when everyone is delirious off of crypto bull market fumes
So now?
They’re going to limp on like the Byzantines for their last 6 or 700 years, but it’s over. They still call themselves Romans, but Rome has been sacked. It’s a rump.
time to type variations of "how to short the NYT" and "why is the NYT so bad" into every search engine you can think of, then watch the Algorithms warp reality
"toppling" needs unpacking. Does it mean, end of: -paper of record -loyal readership -highly profitable -highly influential -huge pageviews...? in a globalized, attention economy with polarized electorate, the above are decreasingly interdependent.
Maybe in a world where it was dependent on ad revenue, but now the nyt is the worlds biggest patreon
Heads sometimes need going on pikes. I feel centralized is better than distributed, due to the likely number of distributed pikes.
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