It's that distribution costs are zero, and there's more extremely high quality "content" out there offered entirely for free than anyone has time to digest. Interested in physics? You can read Feynman for free. Interested in chemistry? MIT OCW has you covered with a dozen courses, probably 450 hours of lectures. Or if you want computer science, you can watch lectures from people like Sipser! Want to really get serious about a science? There's the arXiv.
I've also already got dozens of hardcover books that I'll probably never even get through as it is. Mostly acquired from thrift stores while I was in university.
Then there's the classics. It'd take years to get through just the very best highlights of the public domain literature, religious texts, and philosophy. Project Gutenberg has 75,000 books. My wife spent at least months (maybe years? I don't remember) just reading Proust (at the end she said it wasn't worth it).
This is without even needing to get into the fact that frankly I don't see copyright on things older than me or especially older than my parents as valid at this point. Most modern works I'd be interested in qualifies for that treatment. The authors are retired or dead.
This is all also speaking to pure consumerism as ways to pass idle time. I've got instruments to play, a computer to program/tinker with, an endless list of possible home improvements, and a family to spend time with.
I don't think I'm the only one who ends up in this state. There's a whole meme about people having hundreds of games in their steam backlog.
The best piece of content ever written is just not a compelling hook. Nothing in the content industry is. First of all it's an entirely generic description: the best X ever written is not going to be described as "content". That's like calling it "copy", and immediately betrays its low value/the way the author thinks of it.
So yeah generic "content" is going to be a very hard if not impossible sell.
I get all that. Still doesn't mean there isn't some things worth paying for that are created in real time and aren't out of copyright. Something like Stratechery, as an example most people would be familiar with.
Picking on my use of the word content is a bit silly. I think you know what I meant. Use whatever word you want there - best book, best textbook, whatever.
I'm not really sure what to think of Stratechery. It's got lots of words that are difficult for me to quickly skim the overall gist of to gauge whether they might be interesting, including paradigm 33 times, disrupt 58 times, and of course AI 247 times on the front page. From my angle it reads like a Dilbert comic so I guess I can't answer why the intended audience would or wouldn't pay $0.10.
Another observation though is that he literally describes his own site as having a "content business model" and his own posts as "content", so I think the word choice is more telling than you realize. I see it and just think "ok..." and hit back. I guess it pays his bills though so it seems to work. Apparently someone's giving him the $0.10. Other people in the content industry looking for tips like some giant ouroboros?
I don't know how I can be more clear about this. It was a thought experiment. Take the very best piece of writing from [BOOK/ARTICLE/TEXTBOOK/JOURNAL] you could ever imagine. Would you or should you be willing to pay 10c for it? I'm not asking about Stratechery in particular (although there are many, many people that happily pay Ben Thompson $15/month that I'm sure most people would describe as intelligent).
You might quibble that you would only pay for a physical book or whatever. I say why? Are you paying for the content (that word again) of that book or the paper? I'd argue the former. So why does it really matter if it was online or not? In the future it seems reasonably likely that there will be a higher proportion of the best writing online vs in books. Sure, a lot may be willing to write for free, but do you think it absolutely impossible that some percentage of them charge?
Realistically, like I said, I already doubt I will get through all of the physical books I have, so apparently I bought them as decor. I suppose deep down I knew that at the time which is why I got them for $0.50/ea at a thrift store.
So I suppose no, I can't think of any content I've thought to pay for recently, and have trouble picturing what I would pay for going forward. I already don't even take the time to read all of the writings of nobel laureates, fields medalists, etc. when they're already giving it to me for free. Not just old works but current blogs. There's more than a lifetime of the best works out there from world renowned experts. Thousands of years of the very best writing and I can't be bothered. And that's just writing. The list of things to occupy my time is endless. Acquiring something to read/watch is just not a problem I have. It doesn't make sense to pay for more. I have too much of it.
The content industry is competing with the entirety of recorded human history even before gen ai. A nearly impossible task unless someone destroys it all out of spite.
I've also already got dozens of hardcover books that I'll probably never even get through as it is. Mostly acquired from thrift stores while I was in university.
Then there's the classics. It'd take years to get through just the very best highlights of the public domain literature, religious texts, and philosophy. Project Gutenberg has 75,000 books. My wife spent at least months (maybe years? I don't remember) just reading Proust (at the end she said it wasn't worth it).
This is without even needing to get into the fact that frankly I don't see copyright on things older than me or especially older than my parents as valid at this point. Most modern works I'd be interested in qualifies for that treatment. The authors are retired or dead.
This is all also speaking to pure consumerism as ways to pass idle time. I've got instruments to play, a computer to program/tinker with, an endless list of possible home improvements, and a family to spend time with.
I don't think I'm the only one who ends up in this state. There's a whole meme about people having hundreds of games in their steam backlog.
The best piece of content ever written is just not a compelling hook. Nothing in the content industry is. First of all it's an entirely generic description: the best X ever written is not going to be described as "content". That's like calling it "copy", and immediately betrays its low value/the way the author thinks of it.
So yeah generic "content" is going to be a very hard if not impossible sell.