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AMA with Substack and Matt Taibbi about a new business model for journalism

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141–150 of 164 posts

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#141

Guys, Great idea. I would focus on specialty media. Think things like banking regulations, utility work, law reviews, etc. I think there is pretty strong willingness to pay in those markets and the credibility of the individual authors may carry more weight than magazine brands. Giving those writers a bigger cut might also attract them to the platform. Clearly you need to think about an advertising model here but tho…

Thanks. We agree that there is definitely a promising market in those fields, too.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#142
post #51

1. How scalable is the pivot to subscriptions and how does it effect democracy? 2. Can the news-media organizations continue with the kind of pre-internet organization that they continue to do? What are the changes required? 3. What does a news-media organization look like in the age of hyper connectivity and real time information exchange? How is it different from the pre-internet news organization? What is the new…

I can give the Substack take on this. 1. We think it's very scalable. The value of attention has flipped - you used to get bored and need to fill your time, now your time is the last scarce resource, so it makes sense to pay to use it more wisely. We see early adopters doing this happily now, but we think it will become the norm. We also think it will be good for democracy. The incentives of ad supported social media…

Can't readers just unsubscribe if they disagree with whatever the writer is saying? This just changes who pays the bills. Ultimately, I think the writer will cater to their audience with subscriptions being a far stronger signal than clicks. I don't see how this is better for Democracy, but I'd love to be proved wrong. We need better access to better news, not more paywalls.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#143

Earlier quoted context omitted.

> Writing those things, which he undoubtedly did, is an indicator of being a misogynistic asshat. That depends entirely on context and intent, doesn't it? As called out in one of the articles on this very subject, as the creators of South Park misogynistic asshats for writing characters that behave in this way, when it's done as satire and to lampoon those that actually act in that manner? That's what the defenders a…

I simply don’t find Taibbi’s post-facto rationalizations credible. Consider, for example, his gendered attacks on female journalists who called him out: https://www.thelily.com/vices-edgy-culture-created-a-place-f... Is that dedication to staying in character? Or is it an attempt to whitewash conduct that was acceptable in that time and place, but is considered unacceptable today, in an attempt to avoid damaging one’…

> Consider, for example, his gendered attacks on female journalists who called him

That was during the same period where they were doing the magazine, which is supposedly then doing a character. Wouldn't that be the characteristic response?

> Is that dedication to staying in character?

I'm not sure it's all that dedicated, it was at the same time as when they were doing that.

> ? Or is it an attempt to whitewash conduct that was acceptable in that time and place

It was during that time and place, not later. At least, I assume you are talking about this:

The Times of London’s Anna Blundy also received scathing write-ups by Taibbi after she wrote articles about the state of women’s rights in Russia. Taibbi said one of her pieces “oozed such obvious bitterness and desperation that it might as well have been a perpetually unanswered personal ad in the back of Sagging Breast Weekly.”

That was in 1999. Look, I don't know whether the whole satiric performance art explanation is true or not, but given what appears to be very specific behavior that appears to be limited to the scope of that time, and eyewitness people at that time (which would have been the victims if the behavior was true) that say it specifically was satire, it seems at least plausible to me, and I don't really have feelings about him one way or the other.

It sounds a little like you've fallen into a confirmation bias loop. You accepted and internalized some very negative information regarding him, and now any evidence presented by him in his defense is easy to dismiss because of your preexisting negative assessment, whereas if all the information was presented at once a more neutral impression might have been reached (I know this sounds presumptuous, I'm not trying to be, but this is a pet idea of mine for a while and I may be seeing it because I'm interesting in it).

That said, even if it is true that it was all satire and does not reflect his personal views, the vigor with which he went about degrading others for that satire does leave a bad taste in my mouth. It's entirely possible he's not a misogynist, but is (or at least was) a colossal asshole.

As an aside, it strikes me as odd that we as a society seem to have very mixed ideas about crimes and taboos and forgiveness. Sometimes it strikes me that we're more willing for forgive a murderer than someone that said harsh words and hurt feelings. Oftentimes I suspect that can be chalked up to the murderer asking for forgiveness and repenting, but I'm not sure that really works in the case of cultural taboos. Denial still has very many negative consequences now, but while admission and (truthful) repentance might sate a large number of detractors now, I suspect many multiples more people would see that as something to rally around against the person.

To some degree, the current climate of accusations reminds me of what I've read of McCarthyism and the red scare. Accusations are all that's needed to end careers. If in the 1950's and faced with an accusation that you attended a few communist meetings a couple decades earlier, is it ever a better idea to admit it than deny it? Denying it has a chance of you coming out somewhat intact, but admitting it may immediately ruin you in multiple ways, regardless of how involved you were or your current beliefs. This comparison obviously breaks down in certain ways, to greater or lesser degrees bases on the people and groups involved and their goals, and how problematic you view communism in that area generally. I'm really bringing it up to focus on the how accusations were used then, and may be trending towards being used now. I think the vast majority of accusations so far have been leveled rightfully and the punishments meted out deserved, I'm just a bit worried that a cultural moment for good will slowly be hijacked for personal gain and petty grievances.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#144
post #28

Have you finished the whole novel already (and just publishing chapter by chapter) or are you writing and changing as you go? Also, this might make more sense for non-fiction work but what are your thoughts on letting a book evolve over time? So the writer updates and changes the content as s/he learns new things (and obviously lets readers know when edited).

I would say we're more than half done. We still need to power through a big chunk of the story. It's kind of a high-wire act but we're both enjoying it. I think letting a book evolve can have varying consequences. In reality you want it all to be stylistically consistent. But you can't publish 200 pages, see a problem, and change it on the fly. (Dostoyevsky appeared to do this in "The Possessed," changing from first…

The Idiot is also famously muddled largely because it was written for serialization and he left himself a bunch of loose ends he could pick up if he didn't know what to do with the story.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#145
post #131

Earlier quoted context omitted.

In addition to all of rayiner's points (which I agree with), I think you vastly overrate Taibbi's journalism. Just because he attacks a lot of things you happen to be against, it doesn't make him a good journalist. He routinely exaggerates the facts, gets his economics wrong, and is otherwise misleading in his writing.

Wow, if only there were some forum in which these issues might be addressed, where you could write precisely the problems you've found with his reporting rather than blanket smears that mean nothing to anyone without all the background you're imagining we have. Perhaps it would be a forum in which Taibbi himself would be likely to see those specific complaints, and could if he chose respond in some fashion that might…

You didn't in any way address what Harry or Rayiner said. You just "giggled" at the suggestion that anyone might have legitimate problems with Taibbi's reporting on its own merits.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#146

Earlier quoted context omitted.

Wow, if only there were some forum in which these issues might be addressed, where you could write precisely the problems you've found with his reporting rather than blanket smears that mean nothing to anyone without all the background you're imagining we have. Perhaps it would be a forum in which Taibbi himself would be likely to see those specific complaints, and could if he chose respond in some fashion that might…

You didn't in any way address what Harry or Rayiner said. You just "giggled" at the suggestion that anyone might have legitimate problems with Taibbi's reporting on its own merits.

Dude just look at the words. I was giggling at the idea that we should get economics advice from journalists. I certainly don't get mine from Taibbi.

From Harry, we have:

He routinely exaggerates the facts, gets his economics wrong, and is otherwise misleading in his writing.

For discussion's sake I'll stipulate to the middle clause, but if the first and last were so "routine", someone in this entire thread would have given a single concrete example, which I or anyone else might "address". If such an example had appeared while Taibbi was still hanging around, he might have responded. Didn't happen. Instead we have this tedious whinging about how terrible his literary style is. The writing in question was clearly satirical to me in '99, and it hasn't grown any less clearly so since then.

You won't like all comedians. You won't like all musicians. You won't like all artists. You won't like all journalists. Tastes differ, and this ham-handed attempt to police tastes in journalism on HN has not succeeded.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#148
post #134
post #125

Earlier quoted context omitted.

Just to avoid any confusion: we are not affiliated with James Halliday, the developer who uses the Github/Twitter handle substack. (Though now that I look at it, I definitely respect his work, especially minimist)

Are you going to add this disclaimer to everything you do now, or is the idea to just take the name over with your capital? It's their name that they've established by being a prolific, well-respected developer; it was also the only search result for it before you appeared, because it's a unique name without an another established meaning. There's no explanation for why you'd choose it outside of not doing due dillig…

That is some pretty extreme jumping to conclusions...

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#149

Hi, Especially given Matt's recent experience getting caught up in a #metoo whirlwind, how do you think about creating a new business in publishing with two white cis male founders and a marquee journalist from the same background (doing a story that invokes the race of a non-white person in its title no less?) Do you think that the struggles of SV/VC culture to accomplish its stated goals in the area of diversity po…

Very not-white third founder from Substack checking in (North Indian, born and raised in Japan) To address the question, one of the main benefits of our model (removing advertising from the equation) is that communities aren't incentivized to expose themselves to as many eyeballs as possible From that lens, you can see how not trying to maximize eyeballs/clicks can be great for diversity. It's totally fine for them t…

Thank you for the answer, despite the sometimes chilly HN climate around pluralism. I hope you’re right, that’s definitely a plausible scenario.

Re: AMA with Substack and Matt Taibbi about a new business model for journalism

#150
post #136
post #134

Earlier quoted context omitted.

Are you going to add this disclaimer to everything you do now, or is the idea to just take the name over with your capital? It's their name that they've established by being a prolific, well-respected developer; it was also the only search result for it before you appeared, because it's a unique name without an another established meaning. There's no explanation for why you'd choose it outside of not doing due dillig…

That's ridiculous. A new platform for journalism can't share a name with a popular Node developer? Even actual trademarks only apply across a category of similar products.

You jump to arguing legality, but morality comes before that, or should anyway, particularly because it's a company vs an individual.
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