In this podcast episode, Balaji Srinivasan and Erik Torenberg discuss the conflict between the tech industry and legacy media, framing it as a battle between the network and the state. They analyze the economic collapse of journalism and its impact on media's political capture, suggesting that the internet disrupted traditional media, leading to a shift towards wokeness. They explore how tech entrepreneurs are entering traditional state-controlled niches, causing friction, and advocate for technologists to "go direct" by building their own distribution channels to avoid distortion by legacy media. The conversation touches on the unethical practices of journalists, the importance of individual-led projects over institutional ones, and the potential of crypto and AI to rebuild trust and establish a decentralized, cryptographic truth. They also discuss the need for tech to play offense in shaping the narrative and reclaiming democracy, media, and science from corrupted versions.
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