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Wayne Robins's avatar

Last night we all probably got the memo that James Patterson is coming to Substack in September. Fortunately, he and I don't have the same readers, so it's not competition. But it made me think that Substack is the Spotify of writing. The big stars get the revenue from many millions of streams; the vast majority of musical artists can't make a living wage at all or anything remotely close to anything more than gas money. Here, there's very little developmental opportunity for writers who once had middle class jobs at newspapers and magazines to develop and maintain a middle class existence on Substack. Every excellent writer I know is fretting (many out loud) on their sites about income strategies that don't really exist, as the vast pool of writers and the readers now in this developing "social network" can only select a small handful to pay for. After three years, I'm still adding 50 new free subscribers a month. Paying subscribers remain at around 5 per cent, typical, I was told, for direct mail products.

Albert Cory's avatar

One of the things I despise the MOST about the younger generation of programmers is their all-purpose dismissal of anything they don't like:

"That doesn't scale!"

I have my own all-purpose dismissal:

"If it's the Conventional Wisdom, it's always wrong."

You can always profitably doubt anything that everyone says.

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