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cover of episode 315: Tony Stubblebine, CEO of Medium, On Human Curation, Subscription-Driven Quality, and Fixing the Internet

315: Tony Stubblebine, CEO of Medium, On Human Curation, Subscription-Driven Quality, and Fixing the Internet

2024/12/23
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AI and the Future of Work

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Tony Stubblebine: Medium平台的成功在于其对人工编辑的重视。与其他平台依赖算法流行度不同,Medium通过在算法中加入人工质性信号,优先考虑人工编辑,从而保证内容质量。这一策略的核心在于,平台更看重内容的深度和价值,而非单纯的点击率和传播度。 Medium的订阅模式是其商业模式的核心,它将读者转变为客户,改变了平台的激励机制。在广告驱动模式下,平台的激励机制是吸引用户的注意力,而订阅模式则鼓励平台提供读者愿意付费阅读的高质量内容。这种转变直接提升了内容的质量和深度,也使平台能够专注于为读者提供价值。 Medium对AI生成内容持谨慎态度,平台的政策是禁止AI生成内容的发布。这并非出于对技术的排斥,而是因为AI生成内容通常缺乏深度和价值,无法满足平台对内容质量的要求。Medium更看重的是人类的智慧和经验,而非单纯的知识。 Medium的编辑团队在内容筛选和推荐中扮演着至关重要的角色。他们并非简单地根据算法推荐内容,而是会根据内容的质量、深度和价值进行人工筛选和排序。这保证了平台上内容的整体质量,也体现了平台对读者阅读体验的重视。 Medium的成功证明了,专注于价值而非注意力的商业模式是可行的。通过订阅模式,Medium实现了盈利,并获得了百万付费用户。这为其他互联网平台提供了新的商业模式参考,也为互联网的未来发展提供了新的方向。 Dan Turchin: 作为访谈主持人,Dan Turchin主要通过提问来引导Tony Stubblebine阐述Medium平台的理念和实践。他的问题涵盖了Medium平台的推荐算法、内容审核机制、对AI生成内容的立场、商业模式以及对互联网未来的展望等多个方面。他的提问促使Tony Stubblebine更深入地解释了Medium平台的运作方式和价值观,也帮助听众更好地理解了Medium平台的独特之处。 Dan Turchin的提问也反映了当前互联网平台面临的一些共同问题,例如算法的公平性、内容的质量控制、AI技术的应用以及商业模式的可持续性等。这些问题在访谈中得到了深入探讨,为听众提供了更全面的视角,也引发了对互联网未来发展方向的思考。

Deep Dive

Key Insights

Why did Medium prioritize human curation over algorithmic popularity under Tony Stubblebine's leadership?

Medium prioritized human curation to ensure the platform values thoughtful content over popularity signals. Algorithms are still used for matchmaking, but significant qualitative signals from human curators were added to enhance the recommendation system, focusing on the quality of ideas rather than just engagement metrics.

What business model shift did Medium make to focus on delivering value to readers?

Medium shifted from an ad-driven model to a subscription-based model, allowing the platform to focus on delivering content readers are happy to pay for. This change incentivizes quality over engagement, as the goal is to provide value that justifies the subscription cost.

How does Medium balance human curation and algorithms in its recommendation system?

Medium combines human curation with algorithms by using human curators to provide qualitative signals that algorithms cannot detect. While algorithms handle matchmaking, human curators ensure the content recommended is thoughtful and valuable, creating a balanced and informed reading experience.

What is Medium's policy on AI-generated content?

Medium's policy prohibits non-humans from publishing, but AI-generated content is not outright banned. Instead, human curators filter out AI-generated content that lacks value, ensuring only thoughtful, human-created content is recommended to readers. Writers are expected to self-report and self-police their use of AI tools.

How does Medium handle plagiarism?

Medium takes plagiarism seriously and removes plagiarized content when detected. Accounts found plagiarizing are suspended or banned. While Medium relies on copyright holders to report violations, it also controls distribution and payouts to authors, allowing it to revoke access for plagiarizers.

What is Tony Stubblebine's perspective on fixing the 'broken internet'?

Tony Stubblebine believes the internet is broken due to its reliance on ad-driven business models that prioritize attention-grabbing content over value. Medium aims to fix this by proving that subscription-based models focused on delivering value can be successful and sustainable, offering an alternative to the dominant ad-driven internet.

How does Medium's subscription model compare financially to ad-driven models?

Medium's subscription model is more profitable than ad-driven models. While ad-driven businesses often earn less than $10 per thousand views (RPM), Medium's RPMs are $20 and heading toward $30, demonstrating that focusing on delivering value over attention can be a better business strategy.

What training do Medium's human editors receive?

Medium's human editors are largely self-trained through experience. Many editors come from the community and learn by reading and curating content earnestly. The platform relies on their ability to spot quality and authenticity, which emerges naturally from their engagement with the writing.

How does Medium ensure the quality of its curated content?

Medium ensures quality by relying on subject matter experts who curate content based on deep knowledge of their fields. These curators identify the best versions of topics and guide readers toward thoughtful, well-researched content, ensuring the platform maintains high standards.

What is Tony Stubblebine's advice to entrepreneurs about success?

Tony Stubblebine advises entrepreneurs that success often takes time and persistence. He emphasizes that it's okay to be a late bloomer, as many entrepreneurs achieve their biggest successes in their 40s, 50s, or 60s. He encourages focusing on gradual growth and impact rather than rushing for quick wins.

Chapters
This chapter explores Medium's approach to content curation, emphasizing the role of human editors in prioritizing quality and thoughtful content over algorithmic popularity. It highlights the importance of human curation in creating a platform that values the professional and personal experiences embedded in amateur writing.
  • Medium's recommendation system prioritizes human curation over algorithmic popularity.
  • The platform values thoughtful content over viral content.
  • Human curators focus on the qualities of the content rather than popularity signals.

Shownotes Transcript

Tony Stubblebine is the CEO of Medium, the widely popular publishing platform that recently surpassed 1 million subscribers. A serial entrepreneur, Tony is also the founder of habit coaching companies Coach.me and Lyft Worldwide and is the publisher of Better Humans on Medium. He is a passionate advocate for writers and a frequent speaker on the intersection of human creativity and technology, emphasizing why bots won’t replace human ingenuity. Tony holds a BA in Computer Science from Grinnell College, where he proudly supports the Pioneers.In this conversation, we discuss:

  • How Medium's recommendation system was overhauled under Tony's leadership to prioritize human curation over algorithmic popularity, creating a platform that values thoughtful content.
  • The transformative decision to adopt a subscription-based model, allowing Medium to focus on delivering content readers are happy to pay for, rather than relying on ad-driven engagement.
  • The balance between human curation and algorithms in delivering a "sane, thoughtful, and informed" reading experience that supports both freedom and quality.
  • Medium's mission to deepen readers' understanding by emphasizing human wisdom over pure knowledge, highlighting the importance of life experience in creating impactful content.
  • Why Medium minimizes the presence of AI-generated content, focusing instead on curating thoughtful and valuable human contributions for its readers.
  • Tony's perspective on fixing the "broken Internet" by proving that business models focused on delivering value, rather than grabbing attention, can be successful and sustainable.

Resources

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On The Secrets To A Successful VC Career)