The pay-per-crawl model for compensating content creators on the Internet, what sorts of content might win if that market actually materializes, and the grim outlook for today's digital publishers. From there: Thoughts on the cost structures that can succeed, the value of community and direct connections to customers, and Stephen Colbert's exit at CBS. At the end: Questions on big tech's hiring power, contractors at startups, Chinese AI development, F1 broadcast rights, alternative rock, and what to do in Taipei and DC.

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Cloudflare’s Content Independence Day, Google’s Advantage, Monetizing AI — Stratechery Update

Netflix Earnings, Apple and F1 — Stratechery Update

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