Business, entrepreneurship, and leadership micro-summaries for July 13, 2019
The effects of paywalls on newspaper sales; Youtube policy update expected to address creator on creator harassment; Private sector tools to improve government effectiveness; The growth of the online grocery industry; Cultivating happiness
Straight from my RSS feed:
Links and micro-summaries from my 1000+ daily headlines. I filter them so you don't have to.
- Are Paywalls Saving Newspapers? - A new study looked at print subscriptions & advertising as well as digital subscriptions and advertising from 79 print media firms over a period of 10 years, and found that for high circulation media with large volumes of original content, paywalls may increase revenue by driving print subscriptions. Smaller newspapers, however, generally lost money when they implemented paywalls. The effects of paywalls on sales ranged from -12% to +24%, where only the largest firms with high volumes of original content came out in the black.
- YouTube says it will update its harassment policies to curb 'creator-on-creator' harassment, but won't say how - Youtube announced in April that it takes creator on creator harassment very seriously, and recently pre-announced a corresponding update to its policies for later this year. This is likely a response to complaints that a prominent political blogger used homophobic and racist language in videos that were posted through youtube.
- How Private Sector Tools Can Enhance Governmental Cooperation - The article discusses how government can adopt private-sector solutions to alleviate the so-called, wrong pockets problem, which describes the misaligned incentives that occur when an entity that benefits from spending is not the entity that controls the spending. Suggested techniques include: special product teams, state teams, pay for success, and adopting structural changes to fix the mis-alignments. One of the examples in this last section is the adoption of the Vickrey-Clarke-Groves mechanism, which is optimized for truthful valuations, and seems like it may be relevant to curation for Steem and/or its upper layer tokens.
- Uber and Lyft are pushing the online grocery business underground - As ride-sharing grows, car ownership declines, and parking lots are sitting vacant. CommonSense Robotics is using this idle real estate as a resource for its 1 hour grocery delivery service, and an executive from Farmstead forecasts that 60% of grocery purchases will shift to online delivery. Personally, we've been having our groceries delivered by an online service for over a year now.
- STEEM Create Your Own Happiness Even When You Don't Feel Like It - In this post, @shoganaii discusses the importance of happiness, and offers 7 suggestions for increasing one's level of happiness. Some of those suggestions include: making a conscious choice to be happier, avoiding perfectionism, engaging in kindness, acting as part of a community, and cultivating gratitude. Click through for descriptions of those and the rest of the suggestions. (@shoganaii will receive 5% of the payout from this post.)
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