Gary Vaynerchuk argues that platforms have evolved beyond a follower-based model ("social media"). Now, algorithms dominate, creating an "interest media" landscape where content is surfaced based on a user's demonstrated interests, regardless of whom they follow. This makes the content itself paramount over follower counts.

Social media has shifted from 'social' to 'interest' media, where the algorithm targets users based on the content they consume. Making hyper-specific content for your target audience is the most effective form of targeting. Resist making broad content for vanity metrics, as it won't reach qualified buyers.

As platforms like Google consume media traffic, brands can no longer rely on placing ads next to content. They must become the content destination themselves. The strategy is to build a direct relationship, often via an app, winning "the battle of the storefront on your phone" and reducing dependency on paid channels.

The pool of potential media buyers extends beyond traditional media. Any business paying a "toll" to Google or Facebook for customers is a strategic acquirer for a media asset that owns a direct audience in its niche. This reframes media M&A as a CAC-reduction strategy for non-media companies like Uber.

The value of a large, pre-existing audience is decreasing. Powerful platform algorithms are becoming so effective at identifying and distributing high-quality content that a new creator with great material can get significant reach without an established following. This levels the playing field and reduces the incumbent advantage.

Blockworks is focusing its distribution on podcasts and newsletters to cultivate an "owned" audience with high loyalty. This is a strategic pivot away from relying on news-driven website visits, which constitute a less predictable "rented" audience that is harder to monetize for new data products.

Gary Vaynerchuk argues that large companies cling to outdated marketing playbooks, measuring success by "potential reach" (e.g., billboard impressions). This metric is flawed because it ignores whether anyone actually paid attention. Startups win by focusing on "actualized reach" on platforms where attention is guaranteed.

Algorithms increasingly serve content to non-followers based on their interests, not just social connections. To succeed, marketers must shift from engaging existing followers to creating "recommendable" content that appeals to a broader, topic-focused audience.

Instead of treating social media as a long-term home, use it as a strategic tool to get your audience onto platforms you own, like an email list. The primary goal is to capture attention and immediately guide followers into your ecosystem, building a more resilient business off-platform.