quality needs scarcity

I think one could make an argument that too much money drives poor decisions … just look at the world economy, look at the venture capital space, look at Softbank’s “vision” fund. Too much money, chasing too few good investments, turns even the smartest money into dumb money.

And I think the same is true for news and podcasts. The more there is, the more time needs to be filled, the more stupidity will ensue. Look at Josh Rogan. Yes, it’s good to spend a lot of time on a topic and go deep, but only if you have done the research, and once you need to fill and hour or two each day research will be cut, and rather than insightful conversations the result is stupid click bait. Same is true for CNN and Fox News and most other 24/7 news channels … there is just not enough that needs to be said to justify 24;7 programming.

Carsten Schmidt @carstens