[csallen]

I think this had <1% of the effect compared to what the parent stated.

The web has led to 10x more content being published in the past 30 years than was published in all of human kind's history before. And that's not including short-form posts/comments/reviews/chats/etc on social media and forums and communities.

The amount of increased competition and commoditization of content is insane.

[ceejayoz]

> I think this had <1% of the effect compared to what the parent stated.

I worked at a newspaper for years, during the early days of social media (I made our Twitter account, even... and once dropped an accidental f-bomb on it). I remember the video push; it was a huge change to workflows, hiring patterns, technology needs, etc. It was built on lies and bad data, and media outlets really haven't recovered since.

[azemetre]

It's hard to not see this as unintentional by big tech because now these same media outlets are completely subservient to their platforms. Very few media outlets can be the New York Times most are confined to Youtube, Facebook, Instagram, Spotify, Apple Music.

It most be nice to have a 40-50% blood extraction machine when these same media companies would have owned their advertising networks if this were 30 years ago.

I can't think of a single company that wouldn't want a 40% boost in revenue.