underscored

@underscored

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Google has long pushed back against claims that AI answers are bad for the web by saying that they encourage people to conduct deeper, more expansive searches that result in higher-quality clicks to websites. Today's news suggests that narrative is falling apart: advertisers are getting less from AI Mode than they get from traditional search, and so is a big publisher like Reddit.

— Casey Newton
6d ago

The big labels cut foolish deals with streaming platforms, who are their natural enemies. Spotify will work to undermine labels by promoting passive listening. This is bad for the music business, because many listeners don't even know the names of the artists they're hearing.

1w ago
stratechery.com
2026.43: A New Era

One of my hangups in terms of advertising is that I take my ethics super seriously, and ultimately, if a company is helping pay the bills, it's hard to be truly objective about them. What I realized, however, is that it's hard for me to be objective about Stripe anyway. I wanted to be a professional blogger long before I started Stratechery; however, I thought I had missed my chance, particularly as it became clear that advertising was not a long term business model for a one-person site.

1w ago

Netflix got into this mess by pursuing a simple strategy: (1) Spend less on programming, and (2) Raise subscription prices. That is the 'audience capture' strategy mentioned above. The idea is that the audience got captured years ago with cheap subscription prices, and now the platform can squeeze them mercilessly—offering less and charging more.

3mo ago

Underscored — save the words that stop you in your tracks.

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