72 karma · joined February 25, 2020
Anecdotally, growing up, I was always taught not to assess or judge people on such factors...certainly not to treat anyone differently considering it. Maybe they were wrong?
They can capitalize on the data (to varying degrees) and it would be a missed opportunity if they don't.
Knowing (quickly, thoroughly, and specifically) which businesses in a given industry/market/region are open, closed temp and closed for good is very valuable insights for a variety of service-based companies.
I too was confused by the use of what appears to be coded language, but then thought to myself: wait, is what I am reading authentic?
It reminds me of the myriad of products and services targeting bootstrapped/self-funded entrepreneurs, who also tend to be resourceful by nature.
Do you actually think anyone would notice if the Times did not publish this article? Couldn't the same thing then be said about any MSM publisher relating to all topics/content?
"You should worry more about the media that philosophically rejects the notion of objective reality. "
And...there is no such thing as objectivity in media, never was or will be. The act of deciding what stories to publish or not is a subjective decision in and of itself.
I've gotten to a point where if my spidey sense is tingling, I won't even click on link or read the content, the time to reward that behavior has passed.
And of course, in this hypothetical, that same content would need be equally accessible/free on the site as in the email otherwise moot point to begin with.
But the publishers POV, this author in question creates really compelling content, so much so that as a consumer of it, I actually would sacrifice hopping to/reading on bloomberg.com if it meant a more palatable intro/summary initially via email. (And again assuming it's just as free).
Indeed the open rate claim is unsubstantiated, and we do not know what the metrics look like in any dimension. And maybe they even tested this out early on / upfront and evolved into what it is now? There has to be some data/science to it, because right now, the email appears to be hardly commercialized, so Bloomberg is not only missing out on the site traffic benefits, but also not optimizing email monetization? (A quick glance with adblock off shows now ads?)
Anecdotally (and maybe I am completely alone here) I am more inclined to click on a content link or open an email if I believe that there is a high probably of thoroughly reading what's inside. Take for FWIW, my own process of unsubscribing: I went from opening all/90%+ to opening less and less over the coming weeks because I knew I couldn't consume/get through enough/all and that felt defeating, futile, and proving impossible. So eventually, I stopped opening all together, stayed subbed for a few more weeks, but eventually unsubbed altogether when it came time for a monthly inbox pruning. No we both lost in this scenario, I can admit.
I am biased too, because in a previous life I built an email list with ~50% open rate and ~25% CTR (high for my field/industry) built upon this outbound link strategy, as I know others have to. Apparently there are multiple ways to go about it :)
(All that said I am surprised at all the downvoting...either Levine has a mob on here intolerant of any harmless critique or generally my parent comment wasn't relevant enough to the broader topic at hand? It would be helpful to hear feedback on why)
A better approach would be to either pull a single paragraph from the full length piece, a TLDR type summary conclusion of the broader thought and hyperlink that clip to the expanded/full content on Bloomberg's site. This would result in my stayed subscription to the (truncated) newsletter, a higher open rate, and actual visits to their website (which the newsletter does not drive IMO). Cheers!
And as you, Qasaur, say: “this erroneous monetary policy will only stop if politicians and central bankers are willing to stomach a harsh market recalibration, but seeing as they seem to not be willing to do that judging from their recent actions so I fear that this systemic malinvestment and inequality will just get worse and worse until something breaks.”
I think society has reached that breaking point and starting to show the cracks. Digging underneath the protests/riots/violence/standoffs in cities like Minneapolis or Seattle, as they have revealed, what you'll find is rooted in socioeconomics.
OK, so first question - what is this DDP entity?
A "movement" doesn't tell me who or what entity I am assigning agency to, endorsing, giving money to, etc.
The article omits this key piece of information and nor does the website disclose on a cursory glance! Is it a gov org? nonprofit, for profit, coop, other? And equally important: who legally runs/owns it? Am I missing the obvious here?!
Without a clear and upfront answer to the basics here, I would not recommend anyone blindly engage with / opt into anything like this regardless of whose brainchild it is.
One can see where you are coming from since these desires are pretty normal around that age right? I think that the trade-off here, however, is two fold:
1) That lifestyle is expensive and puts many young adults into debt before they've even learned and lived financial independence.
2) It delays the inevitable hard work and time that we all must put in contributing as a net positive to the real world economy.
Add 1+2 together and the output in large numbers yields people in bondage lacking the mental fortitude to actually sustain and prosper independently as an adult over the course of their lifetime.
The real tragedy is when all the others who can't/won't/don't open the gate cry whine and complain about not being able to find talent. Sometimes, when they are really pathetic, they have the gall to go to their local economic development agent with their hands out for a subsidy for hiring assistance.
So those who adapt to the times end up paying taxes into a system that, in turn, gives that money (in part) those who don't. Perverse much?
Completely agree...it's vast and largely free. I am grateful to live in such an unprecedented era of access to knowledge, know how, and instruction.
Grey area, lived in it for a while and made some money there, but at the end of the day it depends on how the original creator feels about your derivative work - or you personally :)
Without going into the backstory, there was a period of time where I had to follow about 100 very specific people. I also happen to know how successful these people were financially.
Those who were the most successful financially tweeted the least and those who were the least successful financially tweeted the most. Then there was those who didn't tweet at all because they had no financial incentive to and their egos weren't contingent upon it.