Re:The bank effect and the big boat blocking the Suez
by dredmorbius on Saturday March 27, 2021 @03:40PM
(#26604941)
Thinking some more on this ...
... the notion of a market in which quality tiers are served based on bids based on perceived benefit and costs of provisioning might be one approach. Details naturally remain to be worked out.
But in the "clickbait" tier, if a GPT-3 ML/AI would be sufficient to supply a steady stream of memes, with sufficiently low negative social externalities, the profit motive for entering into the niche would remain quite low.
In-depth investigative journalism would be bid within a distinct an separate marketplace, sufficient to cover costs of production and maintenance.
In broadcast, SLAs can be achieved based on the portion of both spectrum (bandwidth) and time (a day still has only 24 hours, plus or minus the odd leap/skip second(s)), such that targets of specific levels of service could be required.
In print it's column-inches that are determinate, as well as circulation.
Online media shares some attributes of both, with measurements possible in both personal media time budgets (time/day or time/month spent on given sites or types of media), and in terms of article counts, word counts, above-the-fold visibility, SERP rankings, and ultimately of what Facebook apparently calls "prevalence" (items * views or presentations within the stream).
... the notion of a market in which quality tiers are served based on bids based on perceived benefit and costs of provisioning might be one approach. Details naturally remain to be worked out.
But in the "clickbait" tier, if a GPT-3 ML/AI would be sufficient to supply a steady stream of memes, with sufficiently low negative social externalities, the profit motive for entering into the niche would remain quite low.
In-depth investigative journalism would be bid within a distinct an separate marketplace, sufficient to cover costs of production and maintenance.
In broadcast, SLAs can be achieved based on the portion of both spectrum (bandwidth) and time (a day still has only 24 hours, plus or minus the odd leap/skip second(s)), such that targets of specific levels of service could be required.
In print it's column-inches that are determinate, as well as circulation.
Online media shares some attributes of both, with measurements possible in both personal media time budgets (time/day or time/month spent on given sites or types of media), and in terms of article counts, word counts, above-the-fold visibility, SERP rankings, and ultimately of what Facebook apparently calls "prevalence" (items * views or presentations within the stream).
https://nitter.cc/guyro/status/1337493574246535168
https://toot.cat/@dredmorbius/105372688403486098