Ted Gioia says the transition is almost complete and what used to be the mainstream is rapidly becoming a fringe to the new, much more chaotic mainstream:
Last week, a cable news pundit struggled to understand the new media landscape. So he sought advice from his teenage son.
He asked the youngster to name the most influential people in the world today.
Can you guess the names he picked?
Here’s what happened:
I’m thinking to myself he’s going to say Barack Obama, Oprah Winfrey, Jay-Z.
He says Kai Cenat, Adin Ross, Jynxzi, and Sketch. I don’t know who he is talking about.
I said ‘What platforms are you on?’
He said ‘I’m on Twitch, Kick, and Rumble.’
I said ‘That sounds like you need to go to the hospital’.
What are these platforms? I’m telling you guys, the mainstream has become fringe, and the fringe has become mainstream …
There are people out there that are getting 14 million streams. And we are on cable news getting one or two million.
This is the new reality. The future of media has arrived — but people above a certain age won’t even recognize the names.
Check out the list below of the most watched streamers in the US and Canada.
Jynxzi? Zackrawrr? Summit1g?
A few days ago, I’d have told you these are passwords, not people.
Now I know better. I’ve watched videos from each of these individuals—and it’s shocking how different they are from mainstream media fare.
Media empires are getting defeated, but not by their corporate competitors. They’re finding themselves replaced by a ragtag assortment of podcasters, pranksters, pundits, gamers, gadflies, and influencers.