1/ Today's @stratechery makes exactly the critique of "New" Medium I've also arrived at (paywall)https://stratechery.com/2017/medium-membership-medium-content-the-medium-newspaper/ …
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Replying to @vgr
2/ It's actually the exact dual to the problem that killed Yahoo, as diagnosed by
@paulg in 2010 http://www.paulgraham.com/yahoo.html1 reply 0 retweets 3 likes -
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3/ Yahoo was a should-have-been tech company organized like a media company. Medium is the reverse.
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4/ Using pure tech solutions to solve fundamentally media problems (quality and consistency) creates game-able mechanism incentives.
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5/ What human editorial involvement bring to the party is responsive judgment that tracks environment, tastes and growing producer skill
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6/ Algorithms created the content farming race to the bottom (Demand media) on producer side, fake-news filter bubbles on audience side
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7/ There are 2 solutions that work; both are human intensive and don't quite work online: old media and individuals as full-stack publishers
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8/ Old media achieves quality, consistency at scale using traditional command and control editorial. But margins are precarious at best now
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9/ New media 'works' if brand is a single person from paper-napkin writing ideas to distribution decisions. Ben himself is a good example.
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Replying to @vgr
10/ I've been slow-pivoting ribbonfarm from individual to multi-author over 3-4 years. Why so long? Why not just indiscriminate guest posts?
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Replying to @vgr
11/ Early bad experiences with guest posts convinced me there was a narrow band of elasticity around my own style of writing and taste
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