The more that changes in the digital world, the more that stays the same. For all the disruption of AI, two trends appear totally unchanging. Firstly, it’s the big players - Google, Microsoft, Amazon and Apple - that appear to be most benefitting from the AI revolution. Secondly, creative individuals continue to struggle to make money in the online economy. That, at least, is the view of That Was The Week’s Keith Teare who, in spite of his general optimism about our digital future, argues in his latest newsletter that online creators are struggling to make a living. “Where is the Money” Keith asks. Not, he concludes, with the musicians, writers and filmmakers who create the content of our creative economy.
Keith Teare is a Founder and CEO at SignalRank Corporation. Previously he was Executive Chairman at Accelerated Digital Ventures Ltd - A UK-based global investment company focused on startups at all stages. He was also previously the founder at the Palo Alto incubator, Archimedes Labs. Archimedes was the original incubator for TechCrunch and since 2011 has invested, accelerated or incubated many Silicon Valley startups including Around (sold to Miro), Millicast (Sold to Dolby), InFarm, Miles, Quixey; M.dot (sold to GoDaddy); chat.center; Loop Surveys; DownTown and Sunshine. Teare has a track record as a serial entrepreneur with big ideas and has achieved significant returns for investors.
Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.
Episode 2054: Keith Teare follows the money of the online creative economy