Episode 661 • • 1:13:12 - 1:17:22
661: Speciesism
Death of Traditional Media, Craigslist and Classifieds
Traditional newspapers failed to anticipate the disruptive impact of the internet, specifically the loss of classified ad revenue to platforms like Craigslist. An anecdote involving Craig Newmark and the San Francisco Chronicle illustrates the arrogance of legacy media executives who dismissed digital threats. The decline of newspapers is attributed to the loss of this "back door" revenue rather than a lack of interest in reporting.