Dick, I agree with your view that this isn't an apocalypse, but part of the evolution of news. FYI, on philanthropic support, the Guardian took in $115 million in small contributions (under $1000) last year (about $35m in the US and the other $80m in the rest of the world). I imagine that's more than any other news org globally. I didn't realize that ProPublica did $10m in these types of contributions. That's higher than I thought--good for them.
Thanks for this. I'm bullish about the pace at which AI will be used by journalists (it's already dramatically reducing the 'research and create' time and cost dramatically for consultants, which has some analogies for journalists). But I'm curious as to how you see this playing out for smaller-scale outlets; "The prospects for a meaningful stream of payments from providers of generative AI to news publishers, while admittedly uncertain, are already much greater than they ever were for search."? Local entities don't have the content scale of Reddit of course -- any effort underway for the big AI players to create an AI source for smaller publishers?
Dick, I agree with your view that this isn't an apocalypse, but part of the evolution of news. FYI, on philanthropic support, the Guardian took in $115 million in small contributions (under $1000) last year (about $35m in the US and the other $80m in the rest of the world). I imagine that's more than any other news org globally. I didn't realize that ProPublica did $10m in these types of contributions. That's higher than I thought--good for them.
Thanks for this. I'm bullish about the pace at which AI will be used by journalists (it's already dramatically reducing the 'research and create' time and cost dramatically for consultants, which has some analogies for journalists). But I'm curious as to how you see this playing out for smaller-scale outlets; "The prospects for a meaningful stream of payments from providers of generative AI to news publishers, while admittedly uncertain, are already much greater than they ever were for search."? Local entities don't have the content scale of Reddit of course -- any effort underway for the big AI players to create an AI source for smaller publishers?
We just made a substantial grant to 70 Faces Media.
Hey Dick. Insightful. I'm involved in several non profit hyperlocal news sites. I'd like to send you a few thoughts. Reach me at mwaldholz@gmail.com.