Equity

Why Medium is opting out of AI

23 snips
Oct 11, 2023
Tony Stubblebine, the CEO of Medium.com, shares insights from his journey in digital publishing. He reveals Medium's commitment to quality writing through its growing subscription model. The conversation tackles the impact of AI on the creative landscape, emphasizing the platform's choice to prioritize human voices over machine-generated content. Stubblebine discusses the nuances of navigating online media and the potential risks of relying on big tech while championing the importance of diverse, authentic narratives.
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ANECDOTE

Mark Suster's Advice

  • Tony Stubblebine recounts seeking advice from investor Mark Suster.
  • Suster directed him to a Medium post he'd written, highlighting the platform's value for niche expertise.
INSIGHT

Balancing Niche and Broad Appeal

  • Medium balances niche expertise with broad appeal, catering to diverse content needs.
  • Some authors prioritize reaching specific audiences, while others seek wider distribution for compelling stories.
INSIGHT

Subscriber Base Growth

  • Medium's subscriber base provides an economic engine for writers.
  • In 2021, they reported 725,000 subscribers, with growth and churn fluctuations.
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