Nicolas Petit @competitionprof.bsky.social · 13/01/2025I've also examined the narrative of journalism losing revenue to big tech. However, correlation does not imply causation in this context. 20/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025It's equally plausible that journos are bleeding due to shifts in information consumption preferences. Google's dominance in ad tech may be coincidental rather than causal. 21/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Consider the parallel with music streaming. Legacy studios initially lost revenue but adapted and reorganized to thrive. 22/N 100