Posted 2/27/2024, 12:07:00 PM
Media Struggled to Adapt as Tech Giants Siphoned Revenue and Talent
- Media organizations failed to adapt to tech companies entering the media space and stealing advertising revenue
- Tech companies attracted the best talent with big stock options that media companies couldn't match
- Media wrongly assumed tech companies just wanted to help them, not eat their business
- News outlets over-cover superficial aspects of candidates like Biden's age rather than Trump's constant lunacy
- AI poses a real threat to media jobs, though the full danger is still years away