3 Shifts Edition (Oct 4 2024): OpenAI’s for-profit transformation, News is shifting away from free, What’s next after the dockworker strike

6Pages Market Shifts

Hi everyone – welcome to your [AI-generated] 3 Shifts Edition.

Our first Shift looks at OpenAI’s for-profit transformation and journey to becoming the next big tech firm. Its transformation is more than just legal structure – it’s a cultural shift from a research organization to becoming a very different “product-first” firm.

Next, news outlets like CNN and Reuters are shifting away from free (ad-supported) and towards paywalled subscriptions. For middle-tier outlets with undifferentiated content, however, the pendulum may be swinging back in search of a lucrative business model that just isn’t there.

Finally, we take a look at what’s next after the dockworker strike. While the two sides have come to a temporary agreement that will take them past the election, the story is not done. While a lot of attention has been paid to wages, automation has been the major sticking point.
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Enjoy.

– Tam