Why We’re Building A New Product To Change The Way We Read Online | Medium

I’m very vocal about how social media platforms have figured out how to grab your attention and never let go, but it is equally true that media organizations have as well. When I've thought about how to make a new kind of media company, one that has proper incentives, and isn't driven by clicks and attention, I actually thought that creating such an entity as a DAO may be a smart approach.

Here, the former CEO of GoodReads, is starting a new organization to tackle these stated 5 problems in media:

Problem #1: We don’t agree on truth.
Problem #2: The business model of digital advertising does not incentivize high quality, accurate content.
Problem #3: It’s too hard to find good stuff to read in the limited time I have.
Problem #4: Most of us are reading reactively, not proactively.
Problem #5: Most of us are getting our information from too few sources.

The article doesn't touch on how they are going to solve these, but does go to the same place my head went…

We looked at these problems and asked ourselves: Why is there no dedicated application for reading news that helps to alleviate these problems? We are working on just that! We are building this using a combination of machine learning and community to curate, and as such we will eventually be structured not as a company but a nonprofit, community owned, decentralized autonomous organization (DAO).

The part I raise my eyebrow at is this says "reading news", not "creating news". I’m not sure just focusing on reading is sufficient. Either way, I will be curious to see how this evolves. (Also, odd that Chandler posted this on Medium and not Mirror.)