Can I ramble for a sec? - by Sari Azout
My son is watching Blippi, which means I’ve got about 20 minutes before he loses it. I do not write well under pressure, but I feel fairly confident rambling about this one thing. The founders of Instagram recently shut down Artifact, the AI news reading app they’d been working on for the past two-ish years. Here’s what they had to say: We have built something that a core group of users love, but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way. ”The market opportunity isn’t big enough” – for reading? For knowledge? That’s such a cop out. It reminds me of when Airbnb had just a few dozen employees, and Rocket Internet raised $90 million to clone them and failed. This is actually not a fair comparison, because my understanding is Artifact was self-funded, and I can’t think of any one company they were trying to clone, but there’s a broader point I want to make here about how no amount of funding can compete with a genuine interes
My son is watching Blippi, which means I’ve got about 20 minutes before he loses it. I do not write well under pressure, but I feel fairly confident rambling about this one thing. The founders of Instagram recently shut down Artifact, the AI news reading app they’d been working on for the past two-ish years. Here’s what they had to say: We have built something that a core group of users love, but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way. ”The market opportunity isn’t big enough” – for reading? For knowledge? That’s such a…
related reading
- An Interview with Kevin Systrom and Mike Krieger About Artifact – Stratechery by Ben Thompsonstratechery.com
- Stratechery by Ben Thompson – On the business, strategy, and impact of technology.stratechery.com
- Cargo Culturewheresyoured.at
- Anthropic’s Mike Krieger wants to build AI products that are worth the hype | The Vergetheverge.com
- Paul Graham on Ambition, Art, and Evaluating Talent (Ep. 186) | Conversations with Tylerconversationswithtyler.com
- A Smart Bearlongform.asmartbear.com
- The AI Unbundling – Stratechery by Ben Thompsonstratechery.com
- Techmemetechmeme.com
- You Can’t Trust the AI Hypepalladiummag.com
- lecture5-market-wireframing-design.pdfspark-public.s3.amazonaws.com
- Gritty Versus Grifty Founders and Code as Craftevery.to
- It's okay to be 'chalantsfalexandria.com