BONUS: How the internet destroyed TV (and itself) [Part 1]

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Panic World 57 min 3 speakers 8 chapters transcribed 3 months ago
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How has digital video transformed our media consumption?

Grant Irving 0:00
You have central air now, so you're not going to be sleeveless this summer, so we don't have to worry about matching for once. That's nice. That's right.
Ryan Broderick 0:08
And I get to sweat. I have great central. Oh, it's not central air. It's like those Japanese split units.
Unknown 0:18
Super great. I look forward to losing all of my color and energy in water weights.
Unknown 0:40
Ryan, rate your grumpiness over the past like two and a half months on a scale of one to 10.
Ryan Broderick 0:48
Like a two? We'll see.
Unknown 0:50
I'm Grant Irving. This is Panic World, a show about how the internet warps our minds, our culture, and eventually reality. And I'm starting to think, Ryan, should that tagline actually be and reality instead of eventually reality?
Ryan Broderick 1:02
Probably. Probably, yeah.
Unknown 1:05
I ask about your grumpiness... Because you say you delight in researching the freaks of the world, but I've been sensing some exasperation in Garbage Day of late as you've been covering the endless pile of clicking.
Ryan Broderick 1:25
No, no, no. You are wrong. I'm having a lot of fun doing it, actually. You're having a lot of fun. This is the most fun I've had in a while. This is the good stuff. what like i i feel bad i think for my readers because sometimes they don't understand why everyone is talking about something and especially now but like this is this is my super bowl baby this is like the stuff that i actually care about having to write about the right wing or all that like sure whatever but this is this is the good stuff for me i love this I haven't had like a good like rabbit hole trend cycle sort of, you know, Internet inflection point in a while. It feels like stuff's happening. This is awesome. Say more. What would you say is happening?
Ryan Broderick 2:08
Well, it's been hard to attack the whole thing because it is so massive, but we have basically reached a point with digital video that is becoming impossible for the average person to ignore. And there's like a million different directions that this is traveling in right now. But across the internet, everyone is sort of saying like, enough is enough. I'm sick and tired of looking at garbage. But as that's happening, Hollywood is basically falling apart and platforms like YouTube seem to think they can really take a genuine swing at replacing Hollywood. So it's sort of this incredible moment that has been building for a while where it's like everything on the internet became video. people who noticed that early made a lot of money and they're using that money to control the way the internet works and functions and what we talk about and journalism and just legacy media in general is completely outgunned.
Ryan Broderick 3:13
And we've now reached this moment where no one knows like what's going to happen. No one knows like, Is YouTube TV, is that just TV now? And if so, how do budgets work for that? If you're gonna spend a lot of money to make a really nice show on YouTube, you have to make a lot of money, right? Or, okay, if everything's short form video, I feel like I'm still not explaining this right. We are at this insane moment where the average person understands that short form video is fundamentally broken. And I would argue straight up fraudulent in a lot of cases. But it's the only thing that they're being served on their feeds. you have it's almost like a mexican standoff it's like you have the short form video apps that are saying like we're not going to deal with the fact that like we are just dumping slop into people's feeds every day because if we deal with that like we might stop existing we might uncover some we might uncover some problems but then you also have hollywood being like we can't compete with this but then you have the average person being like i don't like this so

What challenges are faced by traditional media in the digital age?

Ryan Broderick 4:23
Like no one's happy and no one knows what's going on. And for most of my adult life, the thinking has been the internet will become TV. And the internet has become TV, but it's awful and everyone hates it. But no one can look away and no one understands how it works. and so everything is just stuck at this very interesting moment and there's all kinds of little stories that are sort of orbiting this mega story of the internet is tv now what the hell does that mean and so i've been having a blast because like there are a million ways you can tackle this story and i've been trying to do it you know i don't want to become

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