Balaji: Legacy media will not reform; technology must replace it
Balaji Srinivasan · Balaji Srinivasan: role of decentralization, China/US breakdown & more · Sep 25, 2021 · at 52:39
Former Coinbase CTO Balaji Srinivasan discusses media disruption on The All-In Podcast, comparing legacy media outlets to outdated businesses disrupted by tech innovation.
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“We didn't go and say, oh, Blackberry do better. Blockbuster do better. Barnes and Noble do better. We just replaced them, disrupted them with better technological versions. And so the idea that, oh, you know, New York Times do better. That's completely outmoded way of thinking about it. We need to disrupt. We need to replace. We need to build better things.”
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