Big Technology Podcast - How AI Is Changing Writing — With Tony Stubblebine
Episode Date: October 29, 2025Tony Stubblebine is the CEO of Medium. He joins Big Technology to discuss the future of writing in the age of AI and how platforms should handle AI-generated content. Tune in to hear fresh data on Cha...tGPT vs. Google referral quality, Gemini’s impact on click-throughs, and Medium’s anti-spam approach. We also cover Cloudflare AI blocking, creator payouts, and Medium’s writing app. Hit play for a candid operator’s view of what survives—and thrives—as AI floods the web. --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. Want a discount for Big Technology on Substack + Discord? Here’s 25% off for the first year: https://www.bigtechnology.com/subscribe?coupon=0843016b Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
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What is the future of writing in the age of AI and what does medium want to be?
We'll cover that right after this.
Welcome to Big Technology Podcast, a show for cool-headed and nuanced conversation of the tech world and beyond.
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Great conversation for you because we are being joined in studio by the
CEO of Medium, Tony Stubblebine.
Tony, it's great to see you.
Welcome to the show.
Thank you for having me in person.
This is great.
It's great to have you here.
We're going to cover a lot of ground today.
I think one of the things that's fascinating about Medium is you're sort of ground zero for a lot of the questions we ask about AI.
Do we want AI writing?
How should AI be crawled by generative AI agents, AI engines, all of the above?
We're going to get into all of it.
Let's start right away with AI slop because why start slow?
There was a story in Medium, talking about how AI Slop is flooding, as flooding medium.
Sorry, a story in Wired, talking about how AI Slop is flooding, flooding medium.
You took issue with the story.
Let me just at least put the premise of it out there and give you a chance to respond.
Wired spoke with this company called Pangram Labs.
It looked at more than 270,000 stories.
It found that something like 47,000, 47% were AI generated.
Is AI Slop a growing problem?
on the internet? How is medium dealing with it? Is this a fair study that they did on your
content? Oh, these are multiple questions. Yes, Slop is an important thing going on right now.
Should we define it? Yeah. What's your definition of AI Slop? Because AI generated stories
aren't necessarily slop or are they? Right. There's a spectrum of it. So let's start with like
every platform is mostly deleting and hiding the things that get posted to it.
So this whole idea that censorship is bad is sort of like bullshit because if you run a
platform, the majority of what people try to post on your platform is spam.
And this is like no one would debate whether or not we're doing the right thing by getting
rid of it because it's like Viagra ads or just like really like outright financial
scams or like content that's literally made illegal by for good reason, CSAM and whatnot.
So we're already in the business of trying to prevent certain types of content from making
it out into the algorithm. And what happened in the age of AI generated content is that there's
this like slightly more human form of content or that or at least it looked more human,
but it's really nothing. It's just a new form of spam. And so we treat it the way we like treat all
spam. It's like if we can catch it and block it outright, we catch it and block it
outright. If we can't be 100% sure that the user should be blocked or removed from the
platform, we'll allow it onto the platform, but really try hard not to let it make its way
either into the Google search index or into our own recommendations. So this article
from Wired, I think my favorite thing
about it, for what it's worth,
is the way that they created
a meme. Like, just this phrase
AI slop, I had not seen it
anywhere until that one
article, and then they wrote some follow-up
articles, yeah. It was already a pretty common term.
It's actually surprising to me that you hadn't.
Really? You were already using that. I just, it
just felt like that term became the
de facto term in that moment. I just
like, yeah, I like to see kind of the curve
of a meme take off.
And it's a good term. It's the right
we should all be using it. What I took issue with, honestly, was that it was asking the wrong
question. Does it matter how much slop is on medium, or does it matter, which is the question
they were asking, and does it matter how much slop our readers are seeing, which is the question
I'm asking, right? So we do all of this work to prevent readers from seeing the slop, and I think
we're doing a really good job. I think, you know, like, for the most part, when I get
complaints about AI content on Medium, it's what's showing up in the comments. It's not what's
showing up in the post. Their recommendation system is quite good. So I think that was the first
thing I took issue with. And then there was something just suspect about the service provider that
they used where it's like they, at the same time this article is coming out, that service provider
is using the article to try to get me to hire them. And they just felt like a conflict of interest.
Oh, so they, so by the way, AI slop, just to define it, just low quality, written content, sometimes images and videos, but in your case, I think written, that's just being posted on the internet for engagement hacking.
Yeah, right. I mean, you could just think of it as like a prompt.
Like, you know, it's like, oh, explain AI, you know, and you go to chat 2PT and say, write 5,000 words about AI for me, and then you just cut and paste that into medium.
But I think a lot of it is also, it is following the incentives of the Internet already because if we're being honest, there's a ton of content out there on the Internet that is being sort of generated in really low quality ways, whether it's outsource writing or whatever it might be, that's sort of responding to these incentives to like get stuff in front of search engines.
And how different does this feel to you than pre-AI slop?
I mean, those incentives already existed.
Not different.
But the question I have for you is the scale, because you're seeing this on the provider end.
Are you seeing a real increase in this type of content showing up on medium because of the scale?
We saw like a 10x increase in what people were trying to post on medium.
But also, at some level, it was kind of a non-issue because the tools we used to battle it are the same tools we were already using to battle spam
and to filter the good stuff into the network and leave the bad stuff out.
So we got a huge increase in volume, but not in what the readers see.
And still I'm somewhat perplexed that that article made it to print because it was really a nothing burger for us.
It just, it was a little bit of extra work, but the same type of work we were already doing.
It's funny you say, we got an increase.
Is that increase still being sustained that 10x increase?
Yeah, it didn't, it didn't turn out to be exponential.
It came and I think we tightened up and maybe became less interesting.
But, you know, it's like it was just a step function and the change in price.
And that there's not as significant of a change in price to create that slop anymore.
And, you know, it gets incrementally cheaper, but it's still like it was somewhat cheap and then it became very cheap.
And that's just like night and day.
And that night and day, I think, just created a one-time change in the amount of trash that was getting thrown at platforms.
And I think that's true for all platforms.
You said something very interesting that the provider, the tech company that went to Wired with this data then came to you and tried to sell you their AI detection services.
I hadn't known that.
I mean, the reporter knew.
Really?
This was happening while the story was underway.
Mm-hmm.
Did they write, did they include that in the story?
I can't quite remember.
It was like, I don't know, this is sort of a little bit, to me,
the story is a little bit suss just because of that.
But the reporter did, you know, at least give our case that what gets read matters
more than what exists.
Yeah, in the deck it was, it was Tony Stubblebine says,
it shouldn't matter at all.
But let me give in this counterpoint here about why it should matter.
You already brought up search engine indexing,
and you're trying to make sure that this stuff is not indexed via search engine.
One thing that medium, as someone who writes on medium,
I also write on substack.
We're going to get into the difference between medium and substack in a bit.
But as someone who writes on medium, one thing I see is medium ranks really high in search.
I wrote this story, this profile on Dario Amade.
You cannot find it on substack, but I posted the same post on Medium, and it ranks way up there when you're searching for Dario.
And I imagine that if I was someone who was in the business of putting up AI slop trying to get traffic and revenue from search engines, even if Medium is not recommending that to readers, it's actually a great venue to try to get in front of people because of the search ranking.
I feel like I'd rather just lean into for your for your listeners yeah like SEO on medium is great and that's a reason to write on medium for as far as fighting the AI swap the thing that we do for them is the same as we do for spam is we literally remove them from the Google index like we we spend a fair amount of time actually making sure that
that the quality of what we index on Google is high.
And I think what we've heard from Google, actually,
is sometimes they're confused by what we're saying, no index to.
And I've gotten emails that have brought up stories
that literally ask why these 10 stories are an index.
And we look at them and we think, yeah,
because we don't think they're real enough.
We don't think they're authentic enough.
We don't think they're deep enough.
Yeah.
It's fascinating because it gets right into this conversation
about whether all AI generated content is slop.
And I even let off this conversation asking,
what's the future of writing or blogging in the age of AI?
And it seems like AI is getting better at writing,
and is there going to be a point where people in the position that you are in,
say, you know what, it's better than most humans at writing.
Let's just let a rip.
I am always confused by when people worry about the future of writing.
So let me just start with first principles, right?
Like, writing is thinking and smart people like to think.
That's not going away.
When you have a thought and you put it under paper or put it, you know, type it out,
suddenly there's like all these subconscious, like, feelings about that thought,
all of your like life lessons get articulated in a way.
where just as the writer, you understand it better.
And so the role of AI in there is not to replace you.
Like if you're someone that thinks there's value to your life and being smart,
like you're not going to stop writing.
And it's the same with reading.
We've been down this path with,
is it valuable to get a summary rather than read the whole thing?
This is like the Cliff Notes story.
The Cliff Notes did not replace the book
because there's something about the way our brains work
that learn through story.
And a lot of what we're learning
is the human components
of that story. It's not just a set of facts.
It's the humans involved in that story.
What did they learn?
What did they think of it?
Like if they're giving advice,
why?
All of that stuff ends up mattering.
And it's why self-help books are as long as they are.
The advice is usually a page.
But then half the book is social proof.
And that's for a reason, is to help you understand why you might make the effort to take that advice.
And so I just, I never have any doubts about trends about writing because I just, I don't think that there is ever going to stop being a market of people who think their life gets better if they get smarter.
Like, that's not going away, right?
And so where people are getting confused is it just turns out there's a lot of writing that's only,
done for bullshit reasons, right? It's like, I'm required to give a report or I have to pass some
writing up to some bureaucracy, right? And so you're just checking the box on having provided
any writing at all. And yeah, AI can do that, but that was never about thinking or being
smarter in the first place. Yeah, I think we'll both agree that there is real virtue in writing.
I mean, I do it as living. You've done it as living for a long time. That idea of going from
something that you think you know and then you start writing it and you realize you don't really
know it at all yeah there's great value in trying to get connect those ideas on the page that's obviously
you know we're big technology podcast that's why amazon does their six pagers is to try to although
maybe those are going to be AI generated and that's a real question and they do it so they can you know
instead of having a powerpoint where your ideas are disconnected you write it down so you actually
know what you're talking about and i think that's been a big driver of success within that company
for a long time. Similarly, you know, when I'm trying to get into the bottom of concepts
or think I know certain things and I'm writing it down, I'm like, oh, God, I got to make
another phone call because I have no idea what happened in the middle of that story that I'm
reporting. So, I love that, like, that anecdote is so powerful, right? It's that you think you
understood what you were talking about until you had to force yourself to put it into words and
then you realize there's huge gaps, right? That's like, that is the proof of how important writing
is the thinking.
Yeah, no, so I think we're both in agreement here that writing, writing is good.
Let's preserve it.
Yeah.
The other side of it, though, is that, is that I think that we, I think, actually,
I don't even think, I know that both of us believed that AI wasn't going to be or was
not very useful in writing, and now we both believe that it is becoming more useful.
This is something that you wrote in August.
Is there a way to use AI to deepen understanding or help?
writers tell their human stories. Two years ago, we thought the value to writers and readers
was less than zero. The AI companies had leached value from your writing without offering
consent, credit, or compensation. They enabled a wave of spam that tried to replace your writing
with hallucinated slop. As we've continued working on making media in the best place to read
and write, we've noticed and heard from our readers and writers that some use of AI is starting to be
useful. So it is starting to be helpful in this process. I thought I was going to regret having written
that when you started reading it. But now now I now having heard it back, I love it. Like I pulled no
punches on that. I think I think what I was saying there is just like a blunt commentary of the
state of AI at any given moment. And not that AI could net like two years ago it wasn't I thought
AI could never be valuable. I thought in that moment it was literally just,
creating problems and and I mean that was true like it was not good enough to
really help the writers and it was providing more spam and more slop and I mean
it wasn't a ton of work to fight it back but it was some and it was creating a real
sense of unfairness in the community I mean our community thinks that their
content got stolen and not for a legal reason but for like a for
a reason of society, right? Like, societies run on exchange of value. And for these AI companies
to train on the content and offer nothing in return just breaks that, like, that sense of fairness
that, well, if you got something, I should get something to. And they crawled and trained on
medium content? Oh, yeah, for sure. So here's a lesson that I'm bringing up more often,
because I think if they don't get their act together, we'll go do it again.
We learned really early on that Medium is a big enough corpus of data
that we can poison the results of any large language model.
And the way we learn this is because my boss and the founder of Medium, Evan Williams,
when he started Medium, he was a huge fan of M-Dashes.
And so he's the one that built it early on.
on into medium that if you do a double dash or dash in certain points, it gets automatically
converted to m dashes. And so as a result, m dashes became just like automatically added into
medium content for a decade and then also just culturally part of medium. Like writers who
never heard of m dashes are suddenly seeing m dashes. And so the medium training, the training set
of just the medium corpus is so heavy on m dashes because that's what Evan Williams like thought,
they were beautiful, among many typographical opinions of his...
Wait, this is why Chatsyp.T. writes with m-dashes?
I'm saying it's because of medium. Absolutely. It's because we, in part, we popularized
it in other parts of the internet, too, but the medium corpus is very, very deep in those
and so great. So when you hear, oh, this must have been written by AI because it's got so many
m-dashes, it's because the AI is trained on medium, which does have a lot of m-dashes naturally.
So, like, I think that if we can't find some fair exchange of value, if we can't get something going,
if they insist on continuing to train and work around our blocks and, you know, continuing to avoid even paying for what they're training on,
I think we're just, like, a lot of other platforms are going to quietly catch their crawlers and poison the content that they're training on.
And who knows, you know, what weird hallucinations we can fit into their training sets.
So you would play dirty like that?
I mean, this is a prisoner's dilemma, right?
You start collaborative.
If you're matched with collaborative, you stay collaborative.
If you're not matched, then you have to switch too, right?
Like, you know, effectively they're antisocial, is what I would say.
Like, all of these companies, Open AI, Google, Anthropic, like, they could have started with, hey, we want to do this thing.
We think we're going to get a lot of value out of it.
We want to train on your content.
How can we help you get value out of it?
Like, that could have been the starting point.
And instead, like, their choice, completely their choice, they took the starting point of, we're going to train on your content.
What are you going to do about it?
And so it's taken the industry a while to react.
but we are reacting right now, and I wish we had reacted as an industry earlier.
But now that we do, I think we're going to have to see which of these companies want to come to the table
and which are going to continue to be antisocial.
And if they are, they're going to be met with the antisocial behavior, of course.
Yeah, okay.
So we have some news about the steps you're taking here to fight back.
We're going to get to that in a minute.
But I just want to keep following the thread that we started on, which is,
this idea that this was not very useful for writing.
AI tools are not very useful for writing a little bit ago.
Now they're becoming useful.
So where have you found the useful areas?
Oh, yeah.
I think the thing we're most excited about is the idea of an AI agent acting as your assistant as you're writing.
So as we're building, we're building writing tools right now.
we're about to actually announce that we've broken ground on a new writing app for Medium.
We'd say more about that.
I mean, come to Medium Day on Friday.
When does this go live?
This is going to go live after that, so you can talk more about it.
Yeah.
So we're a companion to Medium for all of your writing, for your notes, for your drafts,
for things you're planning to publish, for things that you're sharing.
containing, like, all of the things that feed into that writing, you know, saved
articles, you're reading history sometimes, and we found a couple things is, one, AI applied
to your own writing is such a helpful way to search and organize it, right?
Because now instead of like a keyword search, you have this free form kind of way to say like, oh, you know, I've got all these deadlines coming up.
Can you summarize all my notes about, you know, this upcoming project and list out the deadlines in date order?
Like you can just tell an AI that now, right?
But we've only been able to look at it through the lens of the entire Internet, right?
That's what ChatGPT will do that for everything.
on the internet. We haven't really seen a lot of that applied to everything that you've ever
written. And there's a lesson I had learned in the past I used to come kind of from a world
of productivity. I spent a big chunk of time there, which is productivity nerds are always
making complicated systems that are fragile and breakdown. And the ideal system allows you to be
messy. And I think that's what AI lets you do there. And then there's this other piece of AI as
the writing assistant and the our view there is is that actually you can kind of put the
AI to the side and then what it'll allow you to do is stay in your train of thought right so
this is not AI replacing you this actually AI letting you be more human like get your thoughts
onto paper and then and then when you're coming back around for the edit pass AI has like a lot
of really smart suggestions alongside of it so that's that
That's what we've figured out as we start to actually fold the current state of AI into helping people write more.
Okay, so let's talk about a couple of these things.
So first of all, AI allowing you to be messy.
Am I reading it right that for these old productivity tools, you'd have to really like use their systems?
And I'm thinking about Rome.
Yeah, with Rome.
I tried to use that that broke my brain.
It was so complicated to use.
It was like you have to make headings and subheads and subheads of subheads and subheads of different children and parent things.
And some people who, I don't know, whatever, their brain works that way, could use it.
I couldn't use it.
And so what you're saying is what AI will allow you to do on the productivity end is maybe just dump all your notes and writing and emails into one thing.
And then you can just query it and it will be able to handle that unstructured data well.
Yeah.
There was a word we're using, which is not the app name, but we've been using the word bucket for a while,
which is just the idea of what does it take for you to feel safe to think like this is a bucket
that I can throw anything into it and I don't have to spend time organizing it and I know I'll
be able to get it out when I need to like what's required to design an app to do that and I think
it's possible now right and before it was just like you would have to like yeah goodness gracious
the amount of work that went into it's called building a second brain yeah it's like you're your entire
our first brain is being used to build this second brain.
I'm sure it worked well for some people, not for me.
It did.
It did.
And if you're extremely motivated, yeah, I would say I think the second brain concept is
mainstream, but the current implementation is not because it's too hard.
Right.
Yeah.
Sorry to all the productivity folks that I've offended with that.
But having a better tool, and I think you're right,
Generva, I could enable that type of thing being built.
I'm looking forward to using yours.
And then the writing side of things, this will enable the,
writer to basically have an AI editor. It's funny because I use that now with ChachyPT. I'll
drop my drafts in, my interviews in, and I'll ask like, what did I miss? Did I capture the tone
of the interview faithfully? And so you're going to build something purpose built for that?
Yes. And some of the things you've seen already are good, and we'll include those.
but we have some unique takes on it that I think reflect that we are actual writers
and we've written a lot over the years and we have kind of a deep understanding of all the
writing processes from idea to publication yeah okay so how how AI changes the future of
writing we've talked a little bit about the production of writing and why that is important
there's the other side of it is since we're here with the CEO of medium is the
The other side of it is how a publication or a platform handles this writing.
Now, you've talked a little bit about how you don't want low-quality AI content on medium
and we'll treat it as spam, but also in that post where you talked about how AI is becoming more useful.
You clearly say we're going to limit the distribution of AI-generated content,
and you'll say no to AI-generated content in your partner program,
Then you had something interesting that you said after that headline about not including AI generated content in your partner program,
which I think pays some humans to write on Medium.
You wrote, even if chat sheet BT could generate a perfectly valuable story,
we still want our partner program to incentivize human storytellers.
And that even if is interesting because you really went from a place where you thought that there was no use here to now even acknowledging the fact.
that chat GPT could write a valuable story.
So we both see this stuff improving and making more useful content.
So what does a world look like where chat GPT could write, you know, as well?
Again, I'll go back to it.
Forget like we both agree there's a virtue to writing, but forget the production side
of it.
Now I want to talk about the publication side of it to you.
I wonder if you have like a go-to good research example.
The one I've been using is I spend most of my time a little bit north of New York City,
and I have a go-to research prompt, which is go-find events in my area in the next two weeks.
And then I go on to say, specifically look for these sporting events.
I'm in the boonies.
So my sporting events are minor league baseball, minor league soccer, and roller derby.
But that's what, like, I just want to know.
Are they in town?
Um, are there, uh, what's going on at the county fairs? What's going on at like art openings? Like,
what's going on at the movies? Like, just like find all of that and give it to me. And so this is a
customized, uh, event calendar for me essentially that is probably relevant to anyone. Thousands of
people. Thousands of people. So why wouldn't I publish that, right? There's, I think that would be for me an example of
valuable AI generated writing. The human element is my own taste in the prompt. And then the result
is like fairly factual. And I think let's be completely like honest. It would be tough. It would be
rude to publish that without at least double checking that it was factually true. Because I've many
times thought I was getting good research out of one of these AI tools and then only to find that yeah,
had hallucinated the whole thing.
But let's say the human effort is in the prompt
and then the fact-checking
and otherwise that's AI written top to bottom.
Yeah, I think that should be published.
And I think someone publishing it would be doing a service.
What we're saying in this really kind of niche part of Medium,
which is 80% of what gets published on Medium
is by people that are just using the tool
and the Medium network for distribution.
They're not, you know, the vast majority of the internet is non-professional writers,
like just people who are looking for a way to communicate with the world, right?
And that's what I, that's like the part of medium and the part of blogging that got me excited
in the first place.
And a lot of what they're communicating is just a life lesson.
This thing happened to me, and I want to share it, share it with you.
And those life lessons are not in the AI training sets yet.
right and those life lessons if they're not published won't show up in the AI research because
that is just scouring the internet so where are we going how are we going to get people
to continue sharing the lessons of their life right there has to be some incentive systems
and to date it has been Google right like the idea that you can just write something on the
internet and traffic will just show up out of the blue, that's kind of like, like Google made
the public internet. And so a question that I wonder is, you know, is Google taking that
away? If they take the incentives away, it's public internet going to go away. And the small
part that we play is that there's a section of medium where we pay the writers and we pay them
essentially to make our subscription business work to get some of the best writing, not all of it, but
some of it behind the subscription, and that's how we've made a business. And so that's what you're
saying is our partner program. So for them, we were just like taking a stand and saying, like,
the thing that we want to pay for to make sure it exists on the internet is your real life
lessons. And this idea of paying you to spend 15 seconds generating a chat GPT transcript
just not even, doesn't even make sense to us as a worthy thing to pay for.
But that's different than saying whether or not it's valuable.
It's like we're saying we're paying to make something exist on the internet that otherwise
wouldn't exist.
I see.
So what does the web look like if we're going to have a lot of writing that's generated by AI
given, like thinking about your event calendar sitting alongside and probably outnumbering human
content? Human generated content? Yeah. Yeah. If it doesn't already, probably does already.
But the quality question, it will keep getting better, though. It could. Do we, are we going to,
my head originally went straight to relationships, right? Are we going to get tired of having
relationships with each other? Are we going to prefer an AI for a relationship, too? And of course,
that's like the weird edge of AI right now too.
You have an AI girlfriend, AI boyfriend.
Because it's like the degree to which that shifts is that's one of the other reasons that people write and share online.
It's because we're trying to create connections with each other, right?
I mean, I don't think that will ever disappear.
I hope it never disappears.
I still like connecting with people.
So I think that will continue to drive a lot of activity.
But the question I've been posing to friends and advisors is if Google Gemini reduces search traffic enough that there isn't an incentive to post in public, will people retreat in private?
And the example I usually give, because we already see this happening, which is we think Twitter, there was a Twitter exodus, and it went to, like most people think, the Twitter exodus went to blue sky,
into threads and originally a little bit to Mastodon.
I would make the case that a lot of it went to Discord.
And that's an example of the public Internet retreating into private spaces,
where it's safer to be yourself and to be weird and to be, yeah, into...
It's also less noisy.
Well, I've never seen a Discord that didn't make my head explode.
Well, you should, I mean, you should join.
We have one for a big technology.
subscribers. I think it's excellent. I mean, seriously, like, but I was going to say that. I've seen
exactly the same thing that you've seen is that a lot of my, I could go like weeks now without
tweeting or a week, let me be realistic. But I'm in the discord all the time. And it's just,
it is less noisy. It's, it's friendlier. Not all the more, but it is friendlier than Twitter,
which it's easy to be friendlier than Twitter. And it's, it's more information dense and less
madness inducing because you don't have that home tab driving you nuts that right well all right
you've convinced me smart people join the big technology discord you heard it here first um yeah that
i think um i'm not worried about like the end of civilization or something i just think i just think
the internet is shifting a lot right now right and that's probably one of the shifts that will happen
is if you don't if the incentives for public uh discussion uh disappear you're you
you guys see people shift into different ways to get kind of the same thing that they have been
getting. Yeah. On the AI relationship thing, it's interesting. I'm curious about the way that
you put it because it's not necessarily a preference, like the people prefer AI girlfriends
over human girlfriends and boyfriends. It's more just like it's a substitute when those
relationships are not there. Sure. Right. Right. I wonder if something can be said for content.
as well. Yeah, it could be a yes and, right? Yeah, I think there's a lot of placeholder content.
Fill, you know, fill your time and, and, but it's not the pinnacle of a deep, substantial
experience. I think that's true in human relationships, and it's, I think, true in certain writing.
Yeah, well, for now. Let's see how things change. Okay, I do want to talk a little bit about
the approach that you're taking at Medium to sort of, we've had Matthew Prince on,
is in the same chair talking about how Cloudflare is trying to force AI companies to pay.
If they want to crawl publisher content, you recently started a similar program along with a number
of others to talk a little bit about your way to protect the content from content creators.
Matthew is like my hero. I really, I see it very similarly to how he's,
sees it. And so I think to go back to this, like, we're in antisocial relationships between
with the AI companies right now. It didn't start collaborative. It started antagonistic, right?
So what I read in his announcement with Cloudflare, which it was that we need to make it easy
at Cloudflare for a lot of our customers to block all the AI crawlers. And if we do that for
enough content sites, then they're going to have to negotiate. And it really sounded like what he
was saying was leverage first. Like everything else can be figured out later, but first you need
enough leverage to bring them to the table. So like that makes perfect sense to me. What is not
ideal to me is that doing that would rely on a single service provider, that we could only bring them
to the table if we're Cloudflare customers.
Now, Medium is a Cloudflare customer and a happy one,
and we do use Cloudflare to block basically any crawler that isn't crawling in a way
that drives traffic back to us.
We're blocking right now, and it's because the Cloudflare tools are so good.
But I always would have preferred an open license.
And so there is one that just launched, a real simple licensing standard RSL.
And what it's getting is a coalition of platforms and media properties.
Cora and Reddit are part of it.
Yahoo is part of it.
To say, here's an Internet standard that we're going to put out
that lays out how we want AI companies to use or not use our content.
And, of course, the default thing we're going to say is no.
we don't like we don't want you to do anything until you talk to us but at least now we can say that
in an official way and and for people that are not for AI companies that are not not respecting it
then we use tools like cloud flare to block it then there is like then there's this other reason
why cloud flare doesn't work for us the initiative that they put out because they have this one
where they'll negotiate the payment for you.
It's that Medium, and I think we're the only platform that wants to do this,
is we want, if we get any money out of these AI companies,
we want to give all of it back to the creators.
So far, every other platform has been doing side deals
and then just pocketing the money.
And, like, I don't know, that doesn't make sense to me.
Medium's never been in the cellular data business,
anyways and it's not our like we don't own this content i don't know even know how we could sell it but
you know people are are other companies have tried to do it that way and so we're which are just like
reddit i think so yeah that's what it that's what the press releases made it seem like um and so
i think not only i don't know why i'm so combative it's like not only are we trying to shame the
AI companies. We're trying to shame the other like social media platforms that like it's like we're
all in a position to negotiate on behalf of our content creators. Like I'm in the business of negotiating
for our writers to get some compensation out of these AI companies. And if we can do that,
the intention is just to pass it directly back to them. My CFO is like a like like just shake me.
every time she hears me say this, she's like, well, shouldn't we, like, okay, not just that,
but it's like, okay, look, if we have, like, significant legal fees, yes, like, we'll cover costs.
Fine, fine, fine. But, yeah, I think it's just really important that we get back to those incentives
for all creators, not just writers. Otherwise, they're going to disappear. Like, the thing that we love,
this internet, it will disappear if you take all the incentives away.
And so it's not just, I don't actually don't understand why the AI companies aren't more worried.
I think they're building something on a very shaky foundation because like these new rag-based searches where they're doing all this research for you, like the information they're pulling in, it is literally going to stop showing up on the internet.
And it's like chat TPT will give you good advice for 2025 and earlier, but nothing beyond that.
I don't think they care because they could just hire people to write directly for them.
They're already doing that basically through third parties, like with scale.
So it doesn't seem like they're too worried.
They never present as worried about anything other than...
I guess when you're happy to raise $40 billion a year and then lose $100 billion in five-year period.
I wouldn't.
You chill.
That style of business is beyond me.
Not your thing.
Yeah.
All right.
I want to take a quick break.
and then talk to you a little bit about why I, as an independent publisher,
am happy to play ball with AI companies and want my stuff to appear even without compensation
in places like ChachyPT.
And then, of course, I want to talk to you a little bit about what medium is
and how it's different from Substack, which is something that I'm sure some of our listeners
have questions about.
So let's do that right after this.
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I'm CEO, Tony Stubblebine.
Tony, before the break, I talked a little bit about how I am an independent publisher.
I'm on Medium.
I'm on Substack.
And I kind of want these AI bots to crawl.
I think I'll have an advantage if the AI bots crawl my content.
And that is because it seems to me more and more that the way that people are getting information is through these AI chat bots.
It's not a majority of search by any means.
It's not anywhere close.
but chatypd does have 700 million monthly users or weekly users and jemini has lots of users
meta's uh tool is starting to increase in usage um if people are talking about talking to these bots
uh more and more about things that i cover i want my my work to be a source there uh a because it is
already starting to drive some referral traffic i'm seeing chat chitpt as a source for paid
subscribers uh for big technology but also if you think about again this reason of
like why people who write and create content do what they do is they want to have it reach other
humans. And now a good channel is through these bots. So here's the, I have data, and that's so
happy to share it. So chat GPD is about one percent of what we see from Google right now. So not
nothing. But the thing that's really important to us is that it converts into paid subscribers four
times higher than Google traffic. So I think it may be more accurate to say from a business
standpoint and like what you're saying too about having paid subscribers is that chat GPT is like 4%
as big as Google right now already. I don't, we're a little bit confused by the growth curve
because it was on a tremendous growth curve from the fall of last year to the spring of this year
and then leveled out. And a bunch of people said, oh, it's only, it's all
college students and we'll pick back up when school starts again. We haven't seen that. So
chat GPT jumped so fast and then it's just flat since. Google is almost the opposite. And I'm hopeful
and I think they're making noises that they don't want to destroy the internet and they're going
to find some way to be a better partner to the world. But right now,
I would estimate that we lose about 100 clicks from traditional Google search for every one click we get back from a Gemini summary.
And that's huge.
And what is less good than chat GPT is that there's no difference in conversion rate.
These aren't like somehow higher intent visitors.
It's just suddenly a lot less traffic.
And I would say my worry is even if they paid, I think a lot of the writing that I'm most
interested in reading wouldn't care.
It wouldn't be enough because most of the writers on the Internet are not even doing it
for money.
They're doing it for validation.
And if they don't get readers, the sort of the point of it goes away for them.
But this is what I'm saying, that they will get maybe even.
even more readers by having their work summarized into an AI answer?
Well, sure.
Why should they not want that?
Well, this is what I was getting out with that data is that chat TPT maybe feels additive.
It's like, oh, here's another way that another traffic channel.
But if you look at it just through the lens of Google, it's diminishing, right?
That overall Google traffic to most sites has dropped quite a bit.
And the way that Medium sees it actually is that our SEO optimizations, which you were noting earlier, have been effective enough to grow Google traffic, but that the click-through rate when Gemini launched dropped nearly in half.
And so I think that that trade-off is not a good trade-off.
It's 100 to 1 against us.
Let me run this by you.
If most people, like you say, are writing for validation or connection, doesn't matter that people are going.
to their actual website or reading their thoughts and experiences at all because if it's really
connection and validation and i'm just like throwing this out there because it's worth talking through
then we got it's subtle we have to tease it all out yeah then they're getting that just
distribute their arguments are just being distributed instead of their website through chat chpd
where people are still reading that are you think you'll change how you write to focus less
on depth and more on like kind of a memeable idea that can travel through
the AI summaries? So I would say no. To me, actually the best performing story,
and it's not always like this, but the best performing story that I wrote this year has been
this story, this profile that I wrote on the Dario. Dario, Emonday, the Anthropic CEO.
And that went through all channels. So through Substack, through Medium, thank you. You guys
highlighted it on me. And the SEO is better on Medium, you're saying. Yeah, great SEO on Medium.
Obviously, we put on YouTube, we put on the podcast. You don't always get that return on
a story that you work a couple of months for, and that's really frustrating. But when it works,
it's really great. So that to me was indicative of like maybe that's the direction and this
idea, this idea of writing this memeable content that gets produced, that gets put forward
and AI engines is less exciting to me, I guess. Well, I come I started in media, essentially
working for this tech publisher, O'Reilly, back before Stack Overflow existed. Like, the internet was
built by people that had O'Reilly books on their shelf, right?
And I was there in that era.
And what I liked about the founder, Tim O'Reilly is, like, you know, essentially the business
was selling the most in-depth information possible, like the best books with the best, like,
the best authors and the best tech reviewers, like really good, high-quality stuff.
But he was also in the business of trying to name things.
Because he thought, I think, if he could name it, he could then build a business.
you know, underneath it. So like O'Reilly coined the phrase Web 2.0 and then had a conference business
behind it, right? Yeah. And so it is the modern internet kind of works both ways sometimes. And
maybe sometimes people specialize, but it is true that, you know, both ways can be powerful ways
to like kind of get that validation of you changed people's minds. Yeah. Yeah, I wouldn't have
visited Tim in his Oakland home a couple years ago. Let's see you, 2022. So,
So three years ago already.
The story I wrote, and I wrote it for Medium, was Tim O'Reilly, Coin Web 2.0.
He thinks Web 3 hype is naive.
I think he was, he was right.
He said, if the bubble pops, are we going to find value in those bored apes?
I don't think we did.
So, okay, Tim has been right about things for a while.
Yeah, for a long time.
But you know, it's interesting.
I'm looking at this story, and it's on Medium, and it was part of, like, this program
that Medium was running to get, I don't know.
I guess, journalists and folks of that nature to write exclusively for Medium, and that has since
gone away.
Yeah.
And so, obviously, you know, I'd say looking from the outside, it seems like Substack has, you
know, has emerged and picked up a lot of that energy.
And it leaves me wondering where, what Medium is for and who Medium wants to serve.
And now that I'm sitting across from the CEO of Medium, I thought this would be a good
opportunity to ask.
I think Medium is a place for real people to write.
And I think that there is a space on the internet for professional writers.
And it's kind of amazing how that class of writers is growing right now.
But those people should be using specialized tools.
And I think substack is one of them, Patreon kit, gum road, right?
These are all paths to professionalize your life.
But your average person, most people, the majority of people,
are not trying to quit their day job to be content creators.
And what it looked like to us is that the Internet had really shifted to serve content
mills, content creators, independent media people, which you would qualify for.
Yeah, definitely in that category.
You've gone in.
Not content mill, but independent creator.
You qualify as in.
Be clear, right?
And like, and you must like feel like so much opportunity that you don't have to be, you know, like doing your profession in this like big corporate ecosystem that maybe is like stifling and also not always stable.
That's a good read.
And but that's not the majority of the internet.
And that's not the part of the internet that I fell in love with.
What I fell in love with was the idea that every single person is learning something just through the internet.
the act of their life that's worth sharing and that other people would get value from.
Like, we threw the word validation around a couple of times.
Like, that's really validating just about the act of living.
And sometimes the lessons are quite trivial, but this is the thing I learned from Tim O'Reilly
is you don't get a journalist to write a book about programming.
You get a programmer to write a book about programming.
That's not that idea of, I could learn.
how to do my job because someone else who's better at my job is just happens to be writing
about it on the internet, like, that's the most commercially viable content on the internet.
Like, I hate to break it to you to anyone that's like trying to like make a go of it.
Dude, like people with killer jobs sharing how to do it, like everyone makes money on that
because it's like the readers want to pay for it, the people publishing it.
they get paid in the secondary, like they get paid on reputation.
They get paid.
A lot of times they're just, a lot of great writers are doing it to try to get people to come work for them.
So they're advertising, like, hey, I'm a good person to work for.
Or they go independent and they're working as like business consultants or whatnot.
So like that group is not trying to be a, be on the content treadmill.
Because by definition, their value comes from not being on the content treadmill.
It comes from being like living somewhere, right?
And I'd always rather hear from someone that's so busy living that they don't have time to learn all these internet games.
And so like the number one thing I did at Medium, which was all based on lessons that I'd learned by being a partner in a Medium before as the CEO, is just to switch us and
be clear, we're not, we're focused on real people and regular people, which does not mean
average, I mean, a lot of them are spectacularly informed. But if we can serve them and be the
best place for them to write, then we're golden. And so then all of this, like, the professional
class, you're a small but welcome part of our community, but not the core of it. Yeah, no, it's not
news to me that those the programmers are the best folks to write about programming because
I mean the proof is if you look at the substack leaderboard actually like there two of the top
three are Gerge Orsos and Alex Yu who both write about Gerge writes about engineering
Alex writes about systems so what you're saying is instead of having the people who've left
like those programming jobs and want to do that professionally you would rather have like one
programmer who like is doing this full time look at medium as a place to write about something that
they know expertly but without the interest of being a professional content creator so they wouldn't
want to start a sub stack there's um this there's a skill in being an everyday writer is that you have to
manufacture some something to write about and i like hearing from people that didn't have to like
manufacture anything it's just like when you have something to say say it and if it's a while till
have something to say again, that's fine too. That's healthy. Yeah, I mean, that was my original
use case for Medium. I've been writing on Medium, so it's 25, I think, since 2010, 11. And it was,
I was, I was not a professional writer. I was marketing and sales. And just, like, doing these one-offs,
like, you know, things that I observed that I thought might be interesting. I was using a lot of
different platforms, Medium and Tumblr and stuff, but I was, like, putting some good stuff,
I think some of my best stuff on Medium because I knew that there was a chance that that algorithm would show it to more people.
It worked well with Twitter.
And I think it's actually what got me like when I got hired at BuzzFeed to be a reporter in San Francisco.
I was a reporter at age at the time.
But I pretty sure it was the stuff I was writing on Medium that called the attention of the editors there and got me that full-time job.
Writing is like the universal portfolio.
And that is also one of the innovations of tech is that people.
People started moving from resumes to portfolios.
GitHub is a portfolio for engineers.
Dribble is a portfolio for designers.
But if those don't work for you, just write about your job.
And that can be a portfolio for you.
And I love to hire people who I can read how they think
and how they approach a problem.
That's way more informative than where they had worked, right?
And what bullet points they put on their resume.
Yeah.
Wow.
But what?
My counterpoint would be that you need news on a platform like yours.
Well, I think, so actually let's talk this through because to me like one of the biggest moments of medium history, I'm curious what you think about this, was like when, was it Jay Carney at Amazon and Obama or no, he was working for Obama.
Jay Carney was doing this back and forth.
Let me make sure I have this right.
Now I see, I'm really showing because I can't remember exactly what happened.
I feel like I might fall down on some key part of Medium history here.
Okay.
Okay.
So, oh, all right, here it was.
The New York Times wrote a story about how people at Amazon were crying at their desks.
Yeah.
And the entire battle back and forth actually happened on Medium,
where Jay Carney, the person running public affairs at Amazon wrote this post
what the New York Times didn't tell you.
Then Dean McKay, the editor at the time, wrote a response to that.
And then there's Jay Carney.
He wrote a comment based off of what Dean McKay wrote.
All this happened on Medium.
And the interesting thing to me is that there was the urgency there because the news
was taking place on it.
And that when you saw people like Jay Carney and,
Dean Bicay going back and forth.
It made you want to write stuff on Medium
because you knew it had that ability to blow up.
But maybe I'm just looking at that
from a journalist's perspective
and I'm not seeing the big picture.
Well, this is the sort of the op-ed
of the internet sort of vibe
that Medium sometimes has
where, you know, Jay Carney is not building an audience.
He's not hustling
to be an everyday content creator.
That's actually, this is one of the use cases.
For Medium, it's just not the
daily use case, right? Like, how many people per month on Medium are fighting some, you know,
public dust up? You know, very few. Like, I don't even think, this doesn't even cross my
radar, like, once a month. But now that you, like, bring it up as a pattern, yeah, I mean,
look, Jeff Bezos had an affair that he posted about on Medium, right? And because it was
about to leak through the National Enquirer. I've seen Tony Robbins defend him. Was it an affair
or was it the mood photos or something?
I'm sorry, Jeff Bezos.
It was actually quite a good...
Bezos, speaking of good writing.
I mean, Bezos is a great writer.
That was very well written.
I think it was...
Anyway, I won't say the title.
I think it was so nice.
I've seen the CEO of Carta, you know, use Medium that way.
It happens.
And I think it's like what's nice is to go to a platform
that's going to elevate a story based on the merit of that story
rather than how much audience you've already built.
So it is actually like a good place to just land
if you have just one major thing to write.
And I was thinking for us,
what we would say the most newsworthy stuff
was the start of COVID.
Because there was a lot of really big COVID information
that was coming from people, thankfully,
who weren't in the audience building game,
but we're doing pretty deep research and analysis
and posting it on Medium.
Yeah, I remember reading those posts. It was fascinating. Well, look, as a happy medium user, publisher and reader, I want to say thank you for your time. And I think it's you're profitable and it's not going anywhere. It's better than that. I think it's like we had a rough, a rough stretch. We got out of it. We were profitable. And then this like we're trying to say like we're not competing with the creator economy. And for a while, one of the things that people know,
won't see is how many people are writing on medium. It had been flat during our struggles.
And it's like our writer numbers are 50% higher than they were on January 1st.
And that's because we got out of like kind of being in this weird competition that we didn't
want to be in. And now we're back to being just being like a place to just go and start writing
and not having to worry about all that other stuff. Yeah, it's interesting because for me, so medium
after starting big technology, medium was my first contract. Yeah.
first so that was signing a contract with medium was like the first moment where I was like maybe
this will work yeah that was in 2020 then you came in and canceled it and I said you know what I'm not
the one who canceled it but I agree with the cancellation no no it wasn't right for us once you came
in that the program that I was in went away but I and you know what I said I said really I said it's fine
though because it's one of those things where I was like I I obviously would love to have kept
and I'm still publishing on medium just not as much I would have loved to have
kept going.
But now, you know, seeing the direction you've gone here and you talk through, because
we've spoken a couple times now, both on mic and not, it makes a lot of sense that you're
taking it this direction as opposed to what could have been.
Yeah.
And also ran creator economy company that's just running after the substacks.
No one wants to do that.
Yeah.
So anyway.
Yeah.
I wish, I think because we had hired so many journalists and then let them go, there's this like
lingering bad blood, which you were.
not presenting thank you. I do not. I seriously, I respect the direction that you guys went. I have
no bad blood and I think both of our businesses are okay. Yeah, I want to like always try to have some
yes and it's like yes, I want professional media to exist and thrive and medium has a different
business. That's right. We're not the ones that are going to make that happen. Um, so. Well,
it's good to see everything going as planned and good luck on your continuing fight against AI
slot. I appreciate it. All right. Great discussion. Thank you for having.
all right everybody the website's medium.com go check it up all right thank you all for listening we'll see you next time on big technology podcast
