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Publishers find the AI era not all that lucrative
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The New York Times / Ryan Mac / Jul 27, 2023
“In Silicon Valley, the pursuit of an everything app has come up time and again as tech leaders have strained to expand their digital empires. Mr. Zuckerberg tried it. So did Dara Khosrowshahi, the chief executive of Uber. Evan Spiegel, the head of Snap, said he wanted to go for it, too. Yet those efforts fell short, with the tech executives unable to replicate the magic that has abounded in Asia with ‘super apps’ like China’s WeChat, Japan’s Line and South Korea’s KakaoTalk. U.S. tech giants have instead run into cultural differences, regulatory scrutiny and a splintered financial system that has made the quest to build such apps more difficult.” LO
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