Peter Kafka

Recent Posts by Peter Kafka

Google Hands the Media a $5 Million "Get Well Soon" Check

Worried about the future of journalism? So is Google. So it is handing $5 million in grants to nonprofits “that are working to develop new approaches to journalism in the digital age.” Two million of that goes to the John S. and James L. Knight Foundation, and the other $3 million will go to journalism projects outside of the U.S., which Google sales boss Nikesh Arora says will be named next year. Easy enough to cast aspersions on Google’s intentions here, but we’ll leave that to others: A grant is a grant, right? But for context: Google had net profits last quarter of $2.17 billion.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work