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Big Revolution - Tellin' Stories (for now)

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Hello! Apologies that today's newsletter is a little late – the day has become incredibly packed, inc
 
May 3 · Issue #67 · View online
Big Revolution
Hello! Apologies that today’s newsletter is a little late – the day has become incredibly packed, incredibly quickly, and my to-do list is risking becoming a to-don’t list.
Martin

Big things you need to know today
- Cambridge Analytica and its parent company are shutting down, blaming what it deems unfair press coverage driving suppliers and customers away. However, many of the people involved have already registered another company called Emerdata, which the NYT suggests maybe be used as a ‘rebrand.’ The UK Information Commissioner’s Office investigation into Cambridge Analytica continues.
- Facebook uses your Instagram photos to train its image recognition A.I. Yes, all those hashtags are useful for more than getting more likes on your snap of a cute dog. Day 2 at Facebook’s f8 brought new A.I. tools for developers (see a summary here). The company also discussed how it can now automatically detect and remove some “bad content” before it’s reported.
- Bloomberg is launching a paywall, with $34.99 and $39.99 tiers. You’ll get 10 articles per month for free and there will be a $10 per month trial for 6 months, according to a memo seen by Business Insider.
- Telegram is calling off the ICO that would have let ‘normal people’ invest in the company. “Telegram doesn’t need the money, and likely doesn’t want the scrutiny,” Recode explains, noting that this doesn’t bode well for the cheerleaders who say ICOs will transform tech investment.
The big thought
Tellin’ Stories (for now)
The Stories format pioneered by Snapchat is rocketing in popularity as more apps adopt it.
As TechCrunch’s Josh Constine says, if app developers increasingly push Stories as a feature, we’re going to have to learn to use this format well. 
Anyone who follows more than a handful of people on Instagram will know how getting through all the Stories content can be a chore, especially when some users post a ton of photos and videos into their Stories feed every day. 
You don’t have to view them all, but they’re there, unread, begging to be explored. And if people post to Stories instead of regular posts, well, how else are you going to keep up with what they’re doing?
The big problem with Stories, though, is that posing your own is often more fun than watching other people’s. All the stickers, filters and visual effects and fun to play with, but viewers at the other end don’t necessarily get as much enjoyment from them as you do.
That’s not sharing, that’s broadcasting in the hope people will be interested enough to watch (a shout out to those of you who post videos of yourselves working out at the gym every day!)
Will the Stories craze be over as quickly as it began? If we overly gorge on it, then probably so. But then what will Facebook and other companies do to keep us interested? Is there a successor to Stories on the horizon? I’m not so sure. They’d better not invest too heavily in Stories at the expense of other ways of sharing.
One big read
All We Want to Do Is Watch Each Other Play Video Games All We Want to Do Is Watch Each Other Play Video Games
An overview of how video games became a spectator sport, and where that may lead us.
One big tweet
A lot can change in a year at Facebook. And yes, last year at f8 it did talk about R&D work on a brain-to-text interface.
Alex Kantrowitz
Last year at F8: We're gonna read your mind
This year at F8: AI Ethics
6:52 PM - 2 May 2018
That’s all for today...
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