The Rise of Substack and the Future of Personal Media

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Sep 15, 2023

5 min read

0

The Rise of Substack and the Future of Personal Media

In recent years, there has been a shift in how content is delivered to readers. With the rise of Substack, a platform that allows writers to directly connect with their audience, the traditional relationship between bloggers and RSS feeds has been disrupted. Unlike traditional news aggregators, Substack enables content creators to distribute their work without being controlled by external platforms.

This shift in content distribution can be traced back to the decline of popular RSS service Google Reader in 2013. Many bloggers and news media outlets relied on Google Reader for traffic, and its discontinuation resulted in a loss of readership. However, this setback also paved the way for the emergence of new tools and platforms that facilitate direct interaction and relationship-building with fans and users.

The underlying reason for this shift is the increasing power of individuals and the blurring of lines between famous personalities and influential internet figures. In the past, well-known individuals and celebrities held sway, but now, influencers active in the online and youth communities have equal influence and opportunities. The boundaries that once separated these two groups have disappeared.

While Substack has revolutionized the way content is delivered, advancements in artificial intelligence (AI) have also made significant strides. In a recent interview with Lex Fridman, Sam Altman, the CEO of OpenAI, discussed the development of GPT-4, the latest iteration of their language model. Altman emphasized that the leap from GPT-3.5 to GPT-4 involved numerous technical advancements in the base model. OpenAI's approach involves identifying small wins and combining them to achieve significant progress. Altman believes that true superintelligence lies in the model's ability to contribute to scientific knowledge, discover new fundamental science, and make meaningful advancements in various domains.

Altman's focus on understanding human behavior and capabilities is evident in OpenAI's decision to prioritize human interaction rather than pitting AI systems against each other. While AI-versus-AI competitions might be more objectively impressive, OpenAI values understanding and replicating human behavior, such as in the game of chess, where Magnus Carlsen's loss to a young prodigy is more intriguing than AI-versus-AI matches.

The potential of AI to transform the world is immense, with possibilities ranging from curing diseases to increasing material wealth and enhancing overall happiness and fulfillment. Contrary to concerns that AI will eliminate the need for human work, Altman believes that people's desire for status, drama, novelty, and creativity will ensure that humans continue to find purpose and remain productive.

When it comes to the development of AGI (Artificial General Intelligence), Altman advocates for a slow takeoff and short timelines. OpenAI aims to maximize its impact in a world where AGI is a reality by making decisions that align with this vision. Altman acknowledges that there may be other entities that outpace OpenAI in certain areas, but he believes that multiple AGIs with diverse focuses can coexist and contribute to a better world collectively.

OpenAI's unique organizational structure, with a non-profit entity in charge and a capped-profit subsidiary, allows the company to make non-standard decisions that prioritize its mission. The goal is to strike a balance between the benefits of capitalism and the need for responsible development of AGI. This approach enables OpenAI to pursue its work diligently while ensuring that the outcomes benefit humanity as a whole.

Altman's admiration for Elon Musk is evident, despite Musk's controversial behavior on Twitter. Altman appreciates Musk's existence in the world but wishes he would pay more attention to the complexities and efforts involved in AI safety. OpenAI's commitment to developing a neutral default version of AI models while giving users more control and steerability is a step towards mitigating biases and ensuring responsible AI usage.

Managing biases, particularly those of human feedback raters, is a challenge that OpenAI acknowledges. Striving for fairness and inclusivity is a continuous process that requires vigilance and improvement.

Looking ahead, Altman envisions significant economic and political transformations. He predicts that the cost of intelligence and energy will drastically decrease over the next few decades, driving these transformations. However, he remains skeptical of communism, believing that individualism and human agency are crucial for progress. The ability to experiment, innovate, and rely on human ingenuity will outperform centralized planning.

When it comes to hiring, Altman emphasizes the importance of investing time and effort. Hiring exceptional teams takes significant dedication and involvement, and Altman personally approves every hire at OpenAI. This meticulous approach ensures that the company maintains a high bar for talent and fosters an environment of trust, autonomy, and high standards.

Reflecting on the speed of technological advancements, Altman draws parallels between the 2008 financial crisis and the recent SVB bank run, which was facilitated by social media and mobile banking apps. These examples highlight the significant shifts that can occur rapidly, often catching those in positions of power off guard. Altman believes that these shifts pale in comparison to the changes that AGI will bring, underscoring the need for proactive understanding and preparation.

In conclusion, the rise of Substack and the advancements in AI exemplified by OpenAI's GPT-4 reveal the changing landscape of content distribution and technological progress. As individuals gain more power and influence, platforms like Substack empower content creators to connect directly with their audience. Simultaneously, OpenAI's efforts to develop AGI responsibly and address biases in AI systems highlight the importance of ethical considerations and human oversight. As we navigate the future, it is crucial to embrace the potential of technology while ensuring that it serves the best interests of humanity.

Actionable Advice:

  1. Embrace direct audience engagement: Whether you're a writer, artist, or content creator, platforms like Substack offer an opportunity to connect directly with your audience. Build relationships, listen to feedback, and leverage the power of direct communication.

  2. Prioritize safety and ethical considerations: As AI continues to advance, it is essential to prioritize safety and ethics in its development. Strive for fairness, inclusivity, and transparency, and actively address biases that may emerge in AI systems.

  3. Stay informed and adaptable: The pace of technological change can be overwhelming, but it is crucial to stay informed and adapt to emerging trends. Continuously educate yourself about the advancements in AI, content distribution platforms, and the potential impact on various industries. Be open to new ideas and approaches to navigate the evolving landscape successfully.

By combining the rise of Substack and the insights from Sam Altman's interview, we can see the interconnectedness of technological advancements, content distribution, and the importance of responsible AI development. As we move forward, it is crucial to harness the power of these innovations while prioritizing ethics, inclusivity, and the well-being of humanity.

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